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Tamburi Investment Partners acquires a 12% stake in Azimut Benetti

The development finance company founded and led by Giovanni Tamburi has signed two agreements concerning the minority shareholdings of the yacht and megayacht manufacturing company – The agreement provides for Tamburi to acquire Mittel's shares and fully subscribe to a capital increase.

Tamburi Investment Partners acquires a 12% stake in Azimut Benetti

Tamburi Investment Partners is ready to invest in Azimut Benetti. According to a note released today, Giovanni Tamburi's development finance company has signed two agreements relating to minority stakes in the company controlled by the Vitelli family and will enter the capital of the world leader in the construction of yachts and megayachts.

The first of the two agreements envisages that Azimut Benetti and Tamburi Investments Partners acquire the entire stake, equal to 6,2% of the capital, currently held by Mittel in equal shares. The second agreement, on the other hand, envisages that by tomorrow Tamburi will fully subscribe to a capital increase of over 30 million euros. 

At the end of the two operations, the stake held by Tamburi Investments Partners will be approx the 12%, and Giovanni Tamburi will enter the board of directors of the company.

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