The group Unieuro strides towards the listing on the Stock Exchange. This was reported today by Il Sole 24 Ore, anticipating the plans of the Italian consumer electronics and household appliances chain brought to success by the owner of Eataly Oscar Farinetti and which today has the private equity fund Rhône Capital as its main shareholder.
La listing of Unieuro on the Milan Stock Exchange could allow the group to consolidate its leading role in the consumer electronics retail market. In addition to Mediaworld, Unieuro is the only player in Italy with an annual turnover of over one billion, in a market, that of consumer electronics retail, which is worth 14 billion in Italy.
The CEO of Unieuro Giancarlo Nicosanti he explained that the Italian group has set itself the goal of doubling the size of the business over 5 years, also trusting that the market can return to levels prior to the 2011 crisis. Nicosanti also underlined that Unieuro has given a mandate to Banca IMI and Unicredit to explore possible strategic options for the group and the shareholders as regards the debut on the Stock Exchange.
