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Description

F.lli Elia S.p.A., established in 1946, is the leading company in Italy in the segment of logistics (secondary transport, shipping, and handling) for vehicles (cars, light commercial vehicles). In 2007, it increased its market share with the acquisition of Ambrosetti Autologistics s.r.l. The Company operates on behalf of major automotive companies and, through its own network of Car Carriers, transports vehicles from abroad to delivery to the dealer network. In this context, F.lli Elia S.p.A. employs approximately 350 employees and uses 10 yards where it also performs a series of services ranging from customs clearance to vehicle inspection, customization, and storage. Recently, through the subsidiary Escargo, the company has developed important and solid remarketing services for the used car market.

Investment thesis

The company operated in a niche market, stable and profitable, with high entry barriers and interesting buy-and-build opportunities. Clessidra Private Equity supported the company in consolidating its competitive positioning also through the execution of M&A add-ons (Ambrosetti Logistics).

Company

F.lli Elia S.p.A.

Initial participation

45%

Investment status and date

Sold | 07/2006

Data di uscita

08/2015

Sector

Logistics

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