Portobello Capital’s acquisition of Farmol: our role as Financial Advisors

Intesa Sanpaolo supported Green Arrow Capital and the Innocenti family as Financial Advisor in the sale of 100% of Farmol's share capital to Portobello Capital.

Founded in 1946 and based in Comun Nuovo (Bergamo, Italy), Farmol is one of the leading European players in aerosol formulation and filling. The company employs 700 people and operates across six manufacturing facilities located between Europe and Tunisia, with approximately 500 million units of annual manufacturing capacity.

Founded in 2010, Portobello Capital is a leading independent mid-market private equity manager based in Spain with assets under management worth approx. EUR 1.5Bn and a portfolio of 18 companies across various sectors. Portobello Capital will help Farmol consolidate its leadership in environmentally-friendly solutions as part of its commitment to responsible investment and ESG best practices, and will continue investing in developing Farmol’s innovation capabilities, with a particular focus on circular economy and de-carbonization of the supply chain.

The success of the transaction, in addition to the Bank's support in structuring the acquisition financing, confirms Intesa Sanpaolo's role as an important reference partner for Financial Sponsor clients in the management of exit processes and the valorisation of investee companies.

Read the press release.