LaFortezza acquired by ITAB
Acquisition by ITAB
July 2016
Sector: Industrial & Business services
Service: M&A
Our role
Exclusive financial adviser to ITAB on the acquisition of LaFortezza
Buyer
ITAB Shop Concept AB (publ) sells, develops, manufactures and installs complete shop fitting concepts for retail chain stores. The all-inclusive offer includes custom-made fitting concepts, checkouts, self-checkout systems and professional lighting systems and digital solutions for the physical store. ITAB has over 3,000 employees and is the market leader at checkout to retailers in Europe, and one of Europe’s largest suppliers of shop fitting concepts and lighting systems. ITAB is listed on Nasdaq OMX Stockholm
Target
La Fortezza Group, one of Southern Europe's leading players in shop interiors headquartered in Bologna, Italy. The Group also has operations in France, Spain, Portugal, Russia, Argentina, Dubai and Malaysia. La Fortezza had sales of EUR 140 million in 2015, approx. 630 employees and has its own production facilities in Italy, France, Russia and Argentina