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Description

Camfin S.p.A. is an investment holding company that holds a stake of approximately 26% in Pirelli & C S.p.A. and other minor holdings, including about 15% in Prelios S.p.A. Thanks to the commitment of over 35,000 employees worldwide, Pirelli - with 22 production sites - is the fifth largest tire producer in the world for cars, light transport, and trucks. For over a century, Pirelli, listed on the Milan Stock Exchange since 1922, has been synonymous with innovation and cutting-edge technology in the tire sector in Italy and worldwide thanks to constant commitment in the research and development phase. Pirelli is a primary operator in Italy and Europe, particularly in the Premium car segment; the company is an absolute leader in South America and in the global Prestige car segment.

Investment thesis

Simplified the corporate and governance structure and ensured the implementation of the corporate strategy as an active shareholder of Pirelli. In addition, the focus on the four main segments of tire production activity (motorcycle, car, truck, and agricultural) was increased.

Company

Camfin S.p.A.

Initial participation

24% Camfin / 6% Pirelli

Investment status and date

Sold | 06/2013

Data di uscita

07/2014

Sector

Holding (Manufacturing)

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