Bozzola

Fineurop Soditic assisted Idroexpert S.p.A. in the rent and further acquisition of Bozzola S.p.A.’s business from the Padua Court through arrangement with creditors. Bozzola, established in Padua in 1910, is specialised in the production and distribution of hydrosanitary products and gardening tools. The Company generated 2008 sales of approximately Euro 100 million. Idroexpert based in Cervia (Ravenna), is a leading player in the logistic and distribution of hydrosanitary products with around 220 wharehouses in Italy. Idroexpert agreed to rent the Bozzola business, including the majority of its retail shops, in September 2008, after Bozzola was put into liquidation in July 2008 as a consequence of a long period of financial crisis.