Italy SC Fund III Oct 2006
Italian household goods retail chain
Company Name:Co.Import
Sector:Household goods retail
Sales:€ 33m (2009)
Date of investment:Oct 2006
Deal Type:LBO, growth
Syntegra Role:Sole investor

business description

  • CO.Import is a retail chain distributing household goods, decoration and fashion accessories, gift articles and small furniture in the Italian market
  • As of June 08, CO.Import directly operated a total of 41 stores, with a geographic concentration in Northern and Central Italy
  • Three additional openings planned for 2008 all in commercial centers
  • Establishment of a commercial presence in China through a representative office

transaction strategy

  • Leverage on the leading market position to grow the number of stores throughout Italy
    • focus on shopping mall locations, a growth segment of the Italian retail market
    • weak competition from household goods and gifts retailers
    • healthy business model with good fundamentals and profitability margins