Progressio seeks to build a portfolio of best-in-class businesses with a competitive edge

We have achieved a strong track record by developing an investment strategy focused on best in class Italian companies operating in sectors where Italy has strong expertise and leveraging on operational improvements to create value.

Moncler

sector

Lifestyle

business description

Design, production and distribution worldwide of fashion and sportswear apparel through retail and wholesale channel. Brand with strong heritage and know how, founded in early 50’s in a mountain village near Grenoble (France). Over the course of the years it has merged style with ongoing technological research into its down jacket entering into town in the 1980s.

www.monclergroup.com

 

sector

Lifestyle

status

Realised

fund

PI

entry date

February 2006

exit date

October 2008 (first investment), December 2013 (second investment).

At the time of divestiture of the first investment, Mittel Private Equity and Progressio Investimenti reinvested in the Company.

business description

Design, production and distribution worldwide of fashion and sportswear apparel through retail and wholesale channel. Brand with strong heritage and know how, founded in early 50’s in a mountain village near Grenoble (France). Over the course of the years it has merged style with ongoing technological research into its down jacket entering into town in the 1980s.

www.monclergroup.com

 

status

Realised

fund

PI

entry date

February 2006

exit date

October 2008 (first investment), December 2013 (second investment).

At the time of divestiture of the first investment, Mittel Private Equity and Progressio Investimenti reinvested in the Company.

Publimethod

sector

Other

business description

Leading player in the “media bartering” sector involved in the sale of advertising space in exchange for branded goods. These latter are sold to cardholders through the company’s network of outlets (direct) and  to wholesalers or mass retailers (indirect).
www.publimethod.com

sector

Other

status

Realised

fund

PI

entry date

March 2006

exit date

December 2015 (June 2009 for Mittel Private Equity)

business description

Leading player in the “media bartering” sector involved in the sale of advertising space in exchange for branded goods. These latter are sold to cardholders through the company’s network of outlets (direct) and  to wholesalers or mass retailers (indirect).
www.publimethod.com

status

Realised

fund

PI

entry date

March 2006

exit date

December 2015 (June 2009 for Mittel Private Equity)

Rondine

sector

Industrial & Mechanical

business description

Design, manufacturing and distribution of porcelain floor tiles for both internal and external use under own brands. Founded in 1961 and located in the ceramic district of Sassuolo (Italy), is recognised as an innovative player focused on search and development, quality, design and respect for the environment.
www.ceramicarondine.it

sector

Industrial & Mechanical

status

Realised

fund

PI

entry date

December 2006

exit date

June 2013

business description

Design, manufacturing and distribution of porcelain floor tiles for both internal and external use under own brands. Founded in 1961 and located in the ceramic district of Sassuolo (Italy), is recognised as an innovative player focused on search and development, quality, design and respect for the environment.
www.ceramicarondine.it

status

Realised

fund

PI

entry date

December 2006

exit date

June 2013

Mutuiplanet

sector

Other

business description

Provider of retail loans and consumer credit products through a franchise model.

sector

Other

status

Realised

fund

PI

entry date

September 2007

exit date

January 2011

business description

Provider of retail loans and consumer credit products through a franchise model.

status

Realised

fund

PI

entry date

September 2007

exit date

January 2011

Chromavis

sector

Lifestyle

business description

One of the largest B2B developer and manufacturer of cosmetics products in the world with a complete range of solutions from make-up and nail polish to skin care products through formulas fully developed by its research laboratories. Borne from the merger of Gamma Cromma and Clavis, two Italian SMEs active in the B2B cosmetics sector.
www.chromavis.com

sector

Lifestyle

status

Realised

fund

PI, PI II

entry date

February 2008 (February 2013 for Progressio Investimenti II)

exit date

July 2013

business description

One of the largest B2B developer and manufacturer of cosmetics products in the world with a complete range of solutions from make-up and nail polish to skin care products through formulas fully developed by its research laboratories. Borne from the merger of Gamma Cromma and Clavis, two Italian SMEs active in the B2B cosmetics sector.
www.chromavis.com

status

Realised

fund

PI, PI II

entry date

February 2008 (February 2013 for Progressio Investimenti II)

exit date

July 2013

CLX Europe

sector

Digital

business description

Leading provider of integrated communication services (photography, pre-press, post-production, rendering, data storage services) specialized in supporting brands, retailers and agencies to create, manage and deliver media content globally to a multi-channel market.
www.clxeurope.com

sector

Digital

status

Realised

fund

PI

entry date

July 2008

exit date

April 2015

business description

Leading provider of integrated communication services (photography, pre-press, post-production, rendering, data storage services) specialized in supporting brands, retailers and agencies to create, manage and deliver media content globally to a multi-channel market.
www.clxeurope.com

status

Realised

fund

PI

entry date

July 2008

exit date

April 2015

Jal Group

sector

Industrial & Mechanical

business description

Design, manufacturing and distribution (under its own brands and for private label operators) of safety footwear, covering the intermediate/premium end market.

sector

Industrial & Mechanical

status

Realised

fund

PI II

entry date

July 2010

exit date

September 2013

business description

Design, manufacturing and distribution (under its own brands and for private label operators) of safety footwear, covering the intermediate/premium end market.

status

Realised

fund

PI II

entry date

July 2010

exit date

September 2013

Gens Aurea

sector

Other

business description

“Integrated retail business” covering the entire value chain, from gold collection (the largest cash for gold in Europe) to a branded jewellery company through three business lines: Oro Cash, “retailer” involved in cash-for-gold and resale of second hand jewellery through a capillary network; Luxury Zone, jewellery stores dedicated to high-end jewellery with point of sales in the main designer outlets , Alfieri & St. John, a luxury jewellery brand.
www.orocash.it
www.luxuryzone.it
www.alfieristjohn.it

sector

Other

status

Realised

fund

PI II

entry date

April 2012

exit date

November 2019

business description

“Integrated retail business” covering the entire value chain, from gold collection (the largest cash for gold in Europe) to a branded jewellery company through three business lines: Oro Cash, “retailer” involved in cash-for-gold and resale of second hand jewellery through a capillary network; Luxury Zone, jewellery stores dedicated to high-end jewellery with point of sales in the main designer outlets , Alfieri & St. John, a luxury jewellery brand.
www.orocash.it
www.luxuryzone.it
www.alfieristjohn.it

status

Realised

fund

PI II

entry date

April 2012

exit date

November 2019

Duplomatic Oleodinamica

sector

Industrial & Mechanical

business description

Market leading niche player in precision mechanics involved in the manufacturing and distribution of hydraulic components (pumps, valves and cylinders) and hydraulic systems, with applications across many industrial sectors (machine tools, construction, light agriculture, ship building, traditional and renewable energy, metal forming and machinery).
www.duplomatic.com
www.continentalhydraulics.com

sector

Industrial & Mechanical

status

Realised

fund

PI II

entry date

April 2013

exit date

March 2017

business description

Market leading niche player in precision mechanics involved in the manufacturing and distribution of hydraulic components (pumps, valves and cylinders) and hydraulic systems, with applications across many industrial sectors (machine tools, construction, light agriculture, ship building, traditional and renewable energy, metal forming and machinery).
www.duplomatic.com
www.continentalhydraulics.com

status

Realised

fund

PI II

entry date

April 2013

exit date

March 2017

Italchimici

sector

Healthcare

business description

Leading generics pharmaceutical company in the Italian branded generics drug market specialized in treatment of respiratory and gastrointestinal disorders and focused on pediatrics. The three main brands are Reuflor, Peridon and Aircort.
www.italchimici.com

sector

Healthcare

status

Realised

fund

PI II

entry date

July 2015

exit date

May 2016

business description

Leading generics pharmaceutical company in the Italian branded generics drug market specialized in treatment of respiratory and gastrointestinal disorders and focused on pediatrics. The three main brands are Reuflor, Peridon and Aircort.
www.italchimici.com

status

Realised

fund

PI II

entry date

July 2015

exit date

May 2016

Giorgetti

sector

Lifestyle

business description

High-end Italian furniture manufacturer serving – also through the controlled company Battaglia Interior Contractors (acquired in 2018) – both private and corporate customers worldwide, covering projects for homes, offices, hotels, restaurants, fashion retail and super-yachts etc. Founded in 1898 and headquartered in the design and furniture district, it is renowned globally as a prime example of Italian style and excellence. Its collections reflect local tradition and are distinguished by their iconic style and high quality and range from classical to contemporary.
www.giorgettimeda.com
www.battagliacontract.com

 

sector

Lifestyle

status

Unrealised

fund

PI II

entry date

August 2015

business description

High-end Italian furniture manufacturer serving – also through the controlled company Battaglia Interior Contractors (acquired in 2018) – both private and corporate customers worldwide, covering projects for homes, offices, hotels, restaurants, fashion retail and super-yachts etc. Founded in 1898 and headquartered in the design and furniture district, it is renowned globally as a prime example of Italian style and excellence. Its collections reflect local tradition and are distinguished by their iconic style and high quality and range from classical to contemporary.
www.giorgettimeda.com
www.battagliacontract.com

 

status

Unrealised

fund

PI II

entry date

August 2015

Industrie Chimiche Forestali

sector

Industrial & Mechanical

business description

Production of chemical adhesives for industrial applications (including automotive, footwear and flexible packaging) and special fabrics used in the manufacturing of footwear. Set up in 1918 as a company specialized in the extraction of pyroligneous acid from wood for the production of adhesives, is an environmental friendly chemical company with outstanding technical know-how and a large base of solvent free and water-based products.

www.forestali.it

 

sector

Industrial & Mechanical

status

Realised

fund

PI II

entry date

January 2016

business description

Production of chemical adhesives for industrial applications (including automotive, footwear and flexible packaging) and special fabrics used in the manufacturing of footwear. Set up in 1918 as a company specialized in the extraction of pyroligneous acid from wood for the production of adhesives, is an environmental friendly chemical company with outstanding technical know-how and a large base of solvent free and water-based products.

www.forestali.it

 

status

Realised

fund

PI II

entry date

January 2016

Garda Plast

sector

Industrial & Mechanical

business description

Production of preforms in P.E.T. which are blown into bottles by the customer and then filled mainly with water, soft drinks, milk and detergents. Garda Plast Group – which includes the controlled company Ifap (acquired in 2018) – is a leading Italian player with a long-lasting presence in the reference market, a strong know-how and a state-of-the-art production facilities.

www.gardaplast.it

www.ifap.it

sector

Industrial & Mechanical

status

Realised

fund

PI II

entry date

July 2017

exit date

October 2023

business description

Production of preforms in P.E.T. which are blown into bottles by the customer and then filled mainly with water, soft drinks, milk and detergents. Garda Plast Group – which includes the controlled company Ifap (acquired in 2018) – is a leading Italian player with a long-lasting presence in the reference market, a strong know-how and a state-of-the-art production facilities.

www.gardaplast.it

www.ifap.it

status

Realised

fund

PI II

entry date

July 2017

exit date

October 2023

Save The Duck

sector

Lifestyle

business description

Design and distribution of premium puffer jackets and outerwear apparel, 100% animal-free and with a unique balance between quality/style and affordability. Created in 2012, the brand is recognized worldwide for its top quality products and strong storyline based on respect for animals and sustainability.

www.savetheduck.com

 

sector

Lifestyle

status

Realised

fund

PI III

entry date

March 2018

exit date

April 2022

business description

Design and distribution of premium puffer jackets and outerwear apparel, 100% animal-free and with a unique balance between quality/style and affordability. Created in 2012, the brand is recognized worldwide for its top quality products and strong storyline based on respect for animals and sustainability.

www.savetheduck.com

 

status

Realised

fund

PI III

entry date

March 2018

exit date

April 2022

Gampack

sector

Industrial & Mechanical

business description

Production of machinery and systems for secondary packaging (shrink wrappers and cardboard packers) focused on the beverage sector. Founded in Podenzano (Piacenza) in 2004, in the so-called “Italian packaging valley”, thanks to the solidity, reliability and speed of its machines and to the high level of service provided to the customer, the company has established a specific niche and is a prominent player in the sector.

www.gampack.com

sector

Industrial & Mechanical

status

Unrealised

fund

PI III

entry date

January 2019

business description

Production of machinery and systems for secondary packaging (shrink wrappers and cardboard packers) focused on the beverage sector. Founded in Podenzano (Piacenza) in 2004, in the so-called “Italian packaging valley”, thanks to the solidity, reliability and speed of its machines and to the high level of service provided to the customer, the company has established a specific niche and is a prominent player in the sector.

www.gampack.com

status

Unrealised

fund

PI III

entry date

January 2019

Gelit

sector

Food & Beverage

business description

Production of private label frozen ready meals sold in Italy and abroad. Recognised for its ability to develop new recipes and the extensive production flexibility in its Cisterna di Latina-based plant position, Gelit is the key first-meal and crepes private-label supplier for most of the main Italian Large Scale Retailers. Gelit realize an important part of the revenues abroad, in particular in the United States.

www.gelit.it

sector

Food & Beverage

status

Unrealised

fund

PI III

entry date

May 2019

business description

Production of private label frozen ready meals sold in Italy and abroad. Recognised for its ability to develop new recipes and the extensive production flexibility in its Cisterna di Latina-based plant position, Gelit is the key first-meal and crepes private-label supplier for most of the main Italian Large Scale Retailers. Gelit realize an important part of the revenues abroad, in particular in the United States.

www.gelit.it

status

Unrealised

fund

PI III

entry date

May 2019

Damiano

sector

Food & Beverage

business description

Production and sale of organic almonds and other organic dried fruit since 1964. Damiano’s range of products includes whole nuts, spreads and butters sold to specialized and large scale retailers as well as food processing companies . All the products are strictly organic: a pioneering vision led Damiano becoming the market leader for organic almonds

www.damianorganic.it

sector

Food & Beverage

status

Unrealised

fund

PI III

entry date

July 2019

business description

Production and sale of organic almonds and other organic dried fruit since 1964. Damiano’s range of products includes whole nuts, spreads and butters sold to specialized and large scale retailers as well as food processing companies . All the products are strictly organic: a pioneering vision led Damiano becoming the market leader for organic almonds

www.damianorganic.it

status

Unrealised

fund

PI III

entry date

July 2019

Polenghi Food

sector

Food & Beverage

business description

Marketing and distribution of lemon / lime juice products for the food dressing industry, with a relevant part of the business in the organic niche. The own brands are leaders across the reference markets. Founded in 1976 and located in Piacenza, the group has productive and commercial subsidiaries across Europe and USA and sell its product mostly to modern trade in more than 80 countries worldwide.

www.polenghigroup.it

sector

Food & Beverage

status

Unrealised

fund

PI III

entry date

August 2019

business description

Marketing and distribution of lemon / lime juice products for the food dressing industry, with a relevant part of the business in the organic niche. The own brands are leaders across the reference markets. Founded in 1976 and located in Piacenza, the group has productive and commercial subsidiaries across Europe and USA and sell its product mostly to modern trade in more than 80 countries worldwide.

www.polenghigroup.it

status

Unrealised

fund

PI III

entry date

August 2019

Interni

sector

Lifestyle

business description

Leading player in the design and distribution of top luxury furniture since 1933, offering tailor-made services to its high-end clients. Interni operates through a network of multi-brand and mono-brand stores offering its renown desing experience in partnership with the best manufacturers and editors of the industry.

www.internionline.it

sector

Lifestyle

status

Realised

fund

PI III

entry date

October 2019

exit date

November 2021

business description

Leading player in the design and distribution of top luxury furniture since 1933, offering tailor-made services to its high-end clients. Interni operates through a network of multi-brand and mono-brand stores offering its renown desing experience in partnership with the best manufacturers and editors of the industry.

www.internionline.it

status

Realised

fund

PI III

entry date

October 2019

exit date

November 2021

Assist Digital

sector

Digital

business description

Customer Relationship Management (CRM) services focused on digital transformation. Blending human and artificial intelligence with a multi-channel strategy, Assist Digital offers business process outsourcing services and digital consulting services.

www.www.assistdigital.com

sector

Digital

status

Realised

fund

PI III

entry date

December 2020

exit date

March 2023

business description

Customer Relationship Management (CRM) services focused on digital transformation. Blending human and artificial intelligence with a multi-channel strategy, Assist Digital offers business process outsourcing services and digital consulting services.

www.www.assistdigital.com

status

Realised

fund

PI III

entry date

December 2020

exit date

March 2023

ATK Sports

sector

Lifestyle

business description

Leading developer and producer of ski touring bindings and accessories. ATK Bindings are at the forefront of ski touring in terms of quality, durability, design and performance and are used by most participants in Ski Touring World Cups. The Company also develops and produces bindings for leading ski brands turning to ATK to complete their ski touring offer.

www.www.atkbindings.com

sector

Lifestyle

status

Unrealised

fund

PI III

entry date

May 2021

business description

Leading developer and producer of ski touring bindings and accessories. ATK Bindings are at the forefront of ski touring in terms of quality, durability, design and performance and are used by most participants in Ski Touring World Cups. The Company also develops and produces bindings for leading ski brands turning to ATK to complete their ski touring offer.

www.www.atkbindings.com

status

Unrealised

fund

PI III

entry date

May 2021

Officine S. Giacomo

sector

Industrial & Mechanical

business description

Leading developer and producer of small and medium- sized mechanical presses for metal stamping applications. Officine S. Giacomo – with c. 100 clients around Italy, Europe and North America – serves a broad spectrum of end-markets including consumer goods, electronics, packaging, healthcare, e-mobility.

www.sangiacomopresse.it

sector

Industrial & Mechanical

status

Unrealised

fund

PI IV

entry date

May 2024

business description

Leading developer and producer of small and medium- sized mechanical presses for metal stamping applications. Officine S. Giacomo – with c. 100 clients around Italy, Europe and North America – serves a broad spectrum of end-markets including consumer goods, electronics, packaging, healthcare, e-mobility.

www.sangiacomopresse.it

status

Unrealised

fund

PI IV

entry date

May 2024

Archiva Group

sector

Digital

business description

Provider of digital B2B services primarily to mid-market corporates and large SMEs through a proprietary cloud-based platform. Archiva’s core business focuses od document archiving and storage, electronic signature and electronic invoicing services, along with system integration/digitization processes services through proprietary and third-party software.

www.archivagroup.com

sector

Digital

status

Unrealised

fund

PI IV

entry date

Jun 2024

business description

Provider of digital B2B services primarily to mid-market corporates and large SMEs through a proprietary cloud-based platform. Archiva’s core business focuses od document archiving and storage, electronic signature and electronic invoicing services, along with system integration/digitization processes services through proprietary and third-party software.

www.archivagroup.com

status

Unrealised

fund

PI IV

entry date

Jun 2024

Moncler
Publimethod
Rondine
Mutuiplanet
Chromavis
CLX Europe
Jal Group
Gens Aurea
Duplomatic Oleodinamica
Italchimici
Giorgetti
Industrie Chimiche Forestali
Garda Plast
Save The Duck
Gampack
Gelit
Damiano
Polenghi Food
Interni
Assist Digital
ATK Sports
Officine S. Giacomo
Archiva Group
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