The future of Esselunga after Caprotti: the board of directors stoppa sales operations
The company, which controls the supermarket chain Esselunga, founded by Bernardo Caprotti, announced on Wednesday 5 October “does not give course to the transactions relating to the subsidiary”. Waiting for the opening of the testament.
“The Board of directors of Supermarkets italiani spa has decided not to give course to the state operations related to the subsidiary Esselunga”. The company that owns the chain of supermarkets founded by Bernardo Caprotti has release Wednesday, October 5, in the late afternoon, making public the outcome of the meeting during which the board of directors has expressed its gratitude for what has been done by the patron who had just died, appointing the new chairman Piergaetano Marchetti.
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READ more Is dead, Bernardo Caprotti, founder of the supermarkets Esselunga
To know the fate Esselunga, then, we’ll have to wait a bit. Before the death of marvel comics in mid-September, had been given the mandate to Citigroup to evaluate the expressions of interest of Cvc and Blackstone, the two giants of the private equity firms that were the first to come forward to detect Esselunga.
Serious that, according to the rumors, would also at least two other funds, one of which is the london-based Bc partners. A choice that seemed to exclude the possibility that direct competitors such as Walmart and Carrefour would be able to say their view of a hypothetical new course.
If, however, in the past few weeks this was the right road to take to get to the new property to the death of the founder has changed the cards on the table. Because before to see whether to sell and who to sell it is necessary to understand who the patron has decided to leave quotas.
The rules of succession say that the three children (Violet and Joseph’s first marriage and the Navy of the second) must go to 50 per cent, while the current wife Giuliana will be 25 per cent of the company. What counts is who is to be diverted, the remaining 25 percent, that could make all the difference in the structures interior, helping to determine who will have in their hands the stick of the command.
the opening of The testament by the notary, Carlo Marchetti, was scheduled for Wednesday afternoon.
Of course Esselunga is a company that aspired on the market, with 7.3 billion euros in turnover (plus 4.3 per cent in the last year) 22 thousand employees and 152 supermarket (11-Monza and Brianza, the province with the most points sale, after Milan) in Lombardy, Tuscany, Emilia Romagna, Piemonte, Veneto, Liguria and Lazio.
A healthy company with a profitability envied by competitors, and with a management starting from the ceo, Carlo Salza, able to drive a car already been launched. The company, which, while not covering all the national territory, is still expanding.
In the next few weeks they should open up the supermarkets of Cusano Milanino, and Camerlata (Como), while it is expected for the end of the year the new store in Rome. A brand that, according to many observers, it may expand further in Italy and that would have the strength to impose itself abroad.
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