Capvis AG acquires a majority stake in ARAG

Banca Akros acted as exclusive financial advisor to the purchaser. Banco BPM is granting the acquisition financing package.

Founded in 1976, ARAG is now one of the world’s leading manufacturers in its field with a global presence supported by four subsidiaries (Australia, Argentina, Brazil and Bulgaria) and a sales network covering more than 110 countries. ARAG recorded strong growth in 2020 and expects to end the year with a consolidated turnover of more than €85 million.

The entry into the share capital of Capvis aims to strengthen ARAG’s global presence and to seize new market opportunities. The current owners, led by the Montorsi family, will continue to support the Group’s development by remaining major minority shareholders and managers.

Banca Akros acted as exclusive financial advisor to Capvis while Banco BPM provided the acquisition financing package.

Completion of the transaction is conditional on the approval of the market authorities.

The transaction demonstrates the role of Banca Akros and of the Banco BPM group as key players in the mid-market M&A segment in Italy and as a partner of the main private equity funds active in the mid-cap segment.

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