CLIENT: Ledoga S.r.l.

TRANSACTION: Debt advisory e restructuring

DATE: March 2020

SECTOR: Industrial

Part of the Silvateam Group and specialized in the extraction of tannin and in the transformation of exhausted chestnut wood, Ledoga S.r.l. has issued a seven-year bond of € 10 million, fully subscribed by Intesa Sanpaolo. The bond is part of the Basket Bond programme launched by Intesa Sanpaolo in partnership with ELITE, the international platform of the London Stock Exchange Group.

Silvateam is a family group owned by the Battaglia family for over 5 generations that boasts a turnover of over 140 million euros; it has worldwide presence thanks to production plants located in Italy and Argentina and subsidiaries in Brazil and China. The Group is a leader in the production, and marketing of vegetable extracts for tanning use, and it has experienced a significant growth in the last few years in the production of vegetable extracts for the feed and food ingredients markets.
Vitale acted as advisor, assisting Ledoga in the economic and financial analyses, supporting the company in the execution of the transaction.

Deal value: €10m