The debut at Piazza Affari of Solid World Group worth a rise of 15% at 2,30 euros, after the shares were initially suspended for a long time on the upside with a theoretical +50%.
The Italian group leader in the development and integration of 3D digital technologies, with the consolidated value of production at the end of 2021 equal to 58,2 million euros, this morning entered Palazzo Mezzanotte placing 6 million shares, with a free float at the time of admission of 27,32% and a capitalization market atIPO amounting to 16,5 million euros. If the over-allotment option is exercised, the total amount raised will be €6,5 million.
The stock market in which Solid World Group made its debut is that ofEuronext Growth Milan, the multilateral trading system organized and managed by Borsa Italiana, dedicated to small and medium-sized enterprises with high growth potential. SolidWorld Group represents the tenth admission since the beginning of the year on this specific market, bringing the number of companies currently listed to 180.
“We are very proud of the reception received from the financial community and from Borsa Italiana” said the CEO and founder Roberto rizzo, which does not represent a goal but a fundamental step in our development process. For over twenty years we have been working to support the transformation of traditional factories into digital enterprises thanks to the integration of 3D digital technologies in the design and production processes, says Rizzo again. We are convinced that this is the direction that will allow Italian companies and excellence to win the competition in the world. The listing on the Stock Exchange will allow us to access the resources necessary to carry out our growth projects and consolidate our reputation inside and outside the national borders, added the CEO.
Solid World Group: Ahead of M&A operations, foreign markets and new sectors
The company intends to use the listing by expanding its business both by looking for new companies to join its group and by looking for new sectors.
“We will concentrate on acquiring synergistic realities that allow us to strengthen the value creation chain also through M&A operationsRizzo said. “We will also continue the internationalization process that we have already started for some time, with the opening of an office in Dubai. Finally, we will focus on growth in new sectors, such as the biomedical one and the acquisition of leadership in the field of hardware and software production for industry 4.0, so as to accompany companies in all phases of the digital transformation chain as a single, reliable partner and effective".
Born in the early 2000s, Solid World Group, parent company of a set of 11 companies, covers all stages of the digital supply chain dedicated to 3D Digital Manufacturing (3D software, 3D printers and additive manufacturing service), with the aim of supporting and accelerating the digital transformation of companies and the transition of client companies, already over 8 thousand, towards the so-called Factory 4.0.
“Thanks to a unique know-how, Solid World Group is able to integrate the most modern 3D digital technologies, providing technologically among the most advanced solutions in the software and hardware fields, as well as additive manufacturing services and all the technologies necessary for the implementation of digital manufacturing processes,” says a statement.
The Group operates through 14 operating offices, 3 technological poles and over 150 employees and the main reference sectors are Automotive, Aerospace, Design, Sport System, Luxury and Machinery automation.
