Phoenix

Fineurop Soditic acted as exclusive financial advisor to Ambienta SGR S.p.A., in the acquisition of a majority stake in Phoenix International S.p.A, from the company’s management and the France-based private equity firm Chequers Capital. Founded near Brescia in 1972, Phoenix is a European leader in the design, manufacturing and sale of aluminum extrusion dies for the construction, transportation and industrial markets. With 8 production facilities in Europe, the U.S.A. and Middle East and over 700 employees, Phoenix posted 2018 sales of Euro 90 million. This acquisition allows Ambienta, Europe's largest sustainability-focused investment firm, to enter the aluminum business. It will support Phoenix to consolidate its international leadership and to pursue and international growth strategy. Post-acquisition, Chequers Capital will retain a minority stake in the Company.