Industrial series fly this morning to Business Square after the company, listed on Euronext Milan and operating in the plastic materials and electrical accumulators sector, confirmed the existence of negotiations, still ongoing, with Leonardo and Invitalia for the acquisition of a majority share of the company Industria Italiana Autobus.
Industrial series in the late morning it stood at 4,64 euros, with a del% increase 7,15 and good volumes (equivalent to 2,1 million euros in the first 45 minutes of trading). Operationally, expectations are for a continuation of the day in a positive direction with resistance seen in the 4,74 area and subsequently at 4,97. Support at 4,51.
An Italian story born in 1919
We read about the ongoing negotiations in a note received at the request of Consob e the Italian Stock Exchange, after the press rumors released in recent days. Industria Italiana Autobus is the most important Italian company manufacturing vehicles for public road transport. IIA produces and distributes the brand Menarinibus. The company was born in 2015, but has its roots at the beginning of the century. Founded in Bologna in 1919 by Ettore Menarini, the company was initially called Ditta Menarini e C and mainly dealt with the creation of horse-drawn tourist carriages. IIA currently occupies 600 employees and has two production sites: the historic Bolognese plant in via San Donato 190, the company's administrative and operational headquarters (155.000 m50.000 of which 2 m975.000 covered with a 105.000 km test track), the Flumeri (AV) plant (7 mXNUMX of which XNUMX mXNUMX covered with a XNUMX km runway).
The other suitors, excluded for now
Until last week, the consortium that includes Valerio Gruppioni di Sira, Maurizio Stirpe, Maurizio Marchesini and other entities was also in the field, but "further interests" compared to that of Seri Industrial "proved to be inconsistent", the ministry told the employees at last week's meeting in Rome.
