Alessi attracts interest from 15 potential investors – report (translated)
15 JAN 2018
Alessi, the family-owned Italian housewares manufacturer, has attracted interest from about 15 potential investors, according to the Italian newspaper L’Economia de Il Corriere della Sera. The report, without citing any sources, said that the list of potential bidders includes the Italian entrepreneur Dino Tabacchi, the Italian industrial group Bialetti and the two funds Clessidra and Investindustrial.
A previous report noted that Alessi's turnover was EUR 69.59m in 2016, a 25.5% drop on the EUR 93.3m for 2014. The report added that the EBITDA fell from EUR 8.58m in 2014 to EUR 2.76m in 2016, while EBIT fell from EUR 5.12m to EUR 618,000.