Financial Advisor of Picenum Plast in the deal with Industrie Polieco

Intesa Sanpaolo's IMI Corporate & Investment Banking Division acted as exclusive financial advisor to Picenum Plast in the acquisition process by Industrie Polieco.

The industrial holding company specialized in investments in high-potential small and medium-sized companies, RedFish LongTerm Capital (RFLTC) and its subsidiary RFLTC-Polieco, through its investee Industrie Polieco, acquired the entire share capital of Special Purpose Vehicle (‘NewCo’), a company specifically set up by Picenum Plast for the transfer of its strategic piping business.

Industrie Polieco is one of Europe's leading producers of corrugated pipes made of high-density polyethylene (HDPE) and advanced plastic materials.

The Intesa Sanpaolo Group, led by CEO Carlo Messina, thus confirms its role as a point of reference in M&A advisory activities to support the development and growth of companies.