The Fondo Italiano di Investimento enters the capital of Elco

The Italian investment fund, chaired by Marco Vitale, has decided on a new direct investment by entering the capital of Elco spa, a company from Carsoli in Abruzzo with operating presence in France, Spain and China. Elco, which had EQvalue as advisor, is active in the sector of the production of high-tech printed circuits for electronic systems. The Fund will acquire a minority stake in Elco. Carlo Guidetti, CEO of Elco, commented as follows: “This transaction is a significant strategic move for Elco and the entry of a qualified financial partner such as FII to support our medium and long-term projects reinforces the belief that our company can assume a leadership position and lead the consolidation of our very fragmented sector, both in Italy and in Europe”.