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Cigaro Toscano prepares to arrive at Piazza Affari

Manifatture Sigaro Toscano, the Maccaferri family group that took over the brand from BAT in 2006, is preparing to go public on the stock market: OPV or super offer from a private equity?

Cigaro Toscano prepares to arrive at Piazza Affari

The Sigaro Toscano group is ready to arrive at Piazza Affari. The historic brand, one of the symbols of Made in Italy, returned to Italian hands in 2006, when the Maccaferri Industrial Group acquired from British American Tobacco the branch of the company that produced and marketed Tuscan-branded cigars.

According to reports from "IlSole 24ore", the group would land on the Stock Exchange, with the assistance of Unicredit and Credit Suisse, through a public sale offer by the end of 2018. The shareholders, if this were the path chosen for entry to Piazza Affari, would sell part of their shares, around 30-35%.

Together with the Maccaferri family and Piero Gnudi, there is also Luca Cordero di Montezemolo among the partners who, after leaving Italo-Ntv, collected around 360 million euros. And precisely the presence of the super manager would suggest an alternative way for the Tuscan Sigar to land on the Stock Exchange: an indispensable offer from a private equity (as indeed happened in the Italo-Ntv deal with the presence of the US fund Global Infrastructure Partners).

According to the first rumors, the operation of Manifatture Sigaro Toscano (MST) could be formalized as early as July, which has brought back the "oldest cigar in the world", always associated with famous and important leading figures in the cinematographic world (Clint Eastwood in "A Fistful of Dollars" by Sergio Leone or Marcello Mastroianni in "La Dolce Vita"), journalist (the sports narrator Gianni Brera was a great admirer) and politician.

 

 

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