Twenty-four months to get to Piazza Affari. This is the goal of Goldlake, an Italian mining company 80% owned by the Colaiacovo family, owner of the cement giant Colacem. The group aims to be listed on the stock market within two years on the Star segment.
The consultants of Bain & Co are accompanying the company, while the financial advisors have not yet been identified. “We are hoping for an IPO with the 2015 financial statements”, explained Giuseppe Colaiacovo, managing director of the company which is part of the Elite project of Borsa Italiana, during the Star Conference at Palazzo Mezzanotte, underlining: “we have identified 14 target countries with as many projects which they need initial capital”, which will arrive through the quotation, the proceeds of which “will be used to export our model to other countries'.
Goldlake, born in 2003 with the acquisition of an iron and gold mine in Honduras and which has Cartier among its main customers for the purchase of ethical gold, closed 2013 with a turnover of 150,2 million euros, a ebitda of 19,5 million and an ebit of 41,3 million. The 2014-2017 plan has the objective of "diversifying both in terms of product and geographically", with targets outside Honduras to reduce country risk and increase the company's profitability".
