Press Releases

The consortium Terna S.p.A. - F2i SGR S.p.A. (with an equal stake of 50%) qualified as an Eligible Participant on the 12 August 2016, submitted a binding offer for the acquisition of 24% of the capital of ADMIE, also named as Independent Power Transmission Operator S.A. (IPTO), in compliance with the tender procedure launched on 12 July 2016 by Public Power Corporation (PPC), in its capacity of sole owner of ADMIE. ADMIE is the Hellenic Electricity Transmission System Operator and it owns and operates the National Interconnected Electricity Transmission System, composed by 11,529 km of Transmission Lines with a voltage of 66 – 400 kV and 310 High Voltage substations.

CIR and F2i announce that Bahrain Mumtalakat Holding Company, the sovereign wealth fund of the Kingdom of Bahrain, has invested in KOS. Mumtalakat’s investment was made indirectly through the purchase of an interest in F2i Healthcare, the vehicle company controlled by the F2i Second Fund.

A consortium of investors led by F2i completed today the acquisition of 37.3% of KOS from Ardian for € 240 million. KOS is one of the main players in the Italian long term care sector. As of today, KOS share capital is held by KOS (62.7%) and by F2i Healthcare (37.3%). Mr Carlo Michelini, Director General and Head of the Investment Team of F2i, was appointed Chairman of KOS SpA.

Regarding the leaks that have appeared in the press relating to Metroweb, Renato Ravanelli, F2i CEO, states: “F2i hasn’t received neither an offer for the acquisition of the absolute majority of Metroweb nor for the entrance in the capital of the company. If in the next days some proposals should arise, F2i management and BoD would evaluate them, considering the best interest for the investors of the Fund and of Metroweb, which is the player that is able to immediately guarantee, thanks to its expertise and managed fiber optic network, the acceleration to the infrastructural development needed by the Country”.

CIR-Compagnie Industriali Riunite S.p.A. and F2i have reached an agreement with Ardian to buy from the latter for € 292 million 46.7% of KOS, the company of the CIR group that is one of the main operators in Italy in the healthcare and residential care-home sector.