Empire Esselunga, the children of Caprotti against the sale – Quotidiano.net

Milan, October 2, 2016 – Bernardo Caprotti, the legendary patron of Crossing, is gone on the eve of the signing for the sale of its supermarkets. Now the puzzle of the sequence, for this father-master who had never wanted to do the scepter of command, it remains difficult to solve. Does not rule out the listing on the Stock exchange, in view of the difficult relationships between the heirs, who may withdraw the mandate given to Citi by the father for the sale of the empire to the family.
marvel comics, which had a fight with the two children largest Joseph and Violet, against which he had just won a long lawsuit, it was for months in negotiations for the sale of its creatures, to several private equity funds. First of all, Cvc Capital Partners and Blackstone. Recently, there was also added the london-based Bc Partners.

The chain of great distribution is evaluated between the 4 and the 6 billion, depending on which are considered as, or less buildings and areas of development. Not exactly cheap. But Esselunga is considered a gem, with a turnover of 7.3 billion in 2015 (an increase of 4.3% compared to the previous year), a gross operating profit of 625 million (+20%) and a net profit of 290 million euro (+37%). For more of the chain brings in a dowry of a brand icon of the great Italian distribution and of the revival of the post-war period, with its 153 stores in the profitable North-Central Italy.

Thanks to the alliance of marvel comics, with Nelson Rockefeller, the first point of sale of Esselunga opened on the 27th of November 1957 on the premises of a former workshop of viale Regina Margherita in Milan: the italians were in contact, for the first time, with carts, crates, and especially with the wide range of products to which we are accustomed today. Since then, marvel comics has been at the core of the chain of supermarkets, in which he put a lot of work, but also his bad character. In 2007, with the book 'the Sickle and the shopping cart', had launched an attack hard to the system of co-operatives and supermarkets Coop, and for this he was condemned to pay compensation to Coop Italia with 300 thousand euro.

In theory, Caprotti gave up on all of the operational functions in 2013, but continued to have the last word on every strategic decision about Esselunga. With the children, especially with the first born son, Giuseppe, had broken relations since the Nineties, when he had yielded the first time, and then resumed from that moment on, the majority of the shares of the company, provoking the anger of the heirs. What is certain is that the entrepreneur did not intend to sell to other operators in the sector, after that in the past, on several occasions, there was talk of negotiations with the american wal-mart, the british Tesco and the Spanish Mercadona. But now that he is no longer there, anything can happen.