Tamburi Investment Partners has acquired 20% of the capital of Chiorino Spa, a Biella-based company specializing in the conveyor belt sector.
Through its subsidiary Tipo (Tip pre IPO), a vehicle that aims to acquire shares in companies destined for the Stock Exchange, Tip has closed the deal with the Chiorino family, whose company expects to achieve consolidated turnover this year of over 110 million (+8,5% on 2016) and to confirm an ebitda margin of more than 20%.
Chiorino Spa aims to be listed on the Stock Exchange within 4-5 years.
