Vitale & Co. assisted Sofinter, a leading Group in the design and construction of both industrial and utility boilers, in the definition of a new financial recovery plan as well as the negotiation of the terms and conditions of the restructuring agreement with the creditor banks for a total debt of approx. € 540m.
Specifically, the Group mainly operates in North America, Europe, Middle East and North Africa, generating in 2018 consolidated revenues of approx. €260m, through the following companies/brands:
Now in its 7th edition, this issue of IMAP’s flagship publication Creating Value, takes an in depth look at Africa, where IMAP recently held its bi-annual international conference for the first time since the company’s inception in 1973.
The Shareholders of Convert Paper, the leading Polish independent manufacturer of corrugated board and sheet feeder of solid board, have sold 100% of shares in the Company to Papierfabrik Adolf Jass GmbH & Co KG.
The majority of the reisenthel Group, a well-known and leading German manufacturer of functional shopping baskets, bags and everyday helpers, was taken over by the Swiss-German financial investor INVISION in the course of a succession solution.
