Press Releases

The consortium formed by F2i (85%) and AXA Private Equity (25%) has completed acquisition of all the capital of E.ON Rete srl, a company active in Italy in the distribution of natural gas. With this acquisition, the Fund headed by Vito Gamberale (F2i) and AXA Private Equity are consolidating their position as second-leading independent operators in the natural gas distribution sector, bringing their market share to 15.8% (Enel Rete Gas-F2i Reti Italia + E.ON Rete srl).

F2i is completing acquisition of 65% of GESAC – the company that operates the Naples Capodichino International Airport – by Gruppo Ferrovial. In the wake of the operation, the Fund administered by Vito Gamberale is making its entry into the strategic airport infrastructure sector. This means one of the country’s most important assets is back in Italian hands. F2i thus becomes an industrial operator in air transport, a sector that needs major streamlining and investment.

The consortium formed by F2i (85%) and AXA Private Equity (25%) has initialled an agreement for acquisition of 100% of the capital of E.ON Rete srl, up to now held 100% by E.ON Italia SpA. E.ON Rete operates in the natural gas distribution sector in Italy, with some 600,000 customers in 300 municipalities. The base value of the operation, gross of the net financial position, is 290 million euros. This reinforces the commitment of the Fund administered by Vito Gamberale in the gas distribution sector, as part of a strategy aimed at creating an independent network for energy distribution in Italy.

F2i has signed an agreement with BAA Italia (Gruppo Ferrovial) for acquisition of a 65% interest in GESAC SpA, the company that operates the Naples Capodichino airport, held up to now by Gruppo Ferrovial. The Fund administered by Vito Gamberale is thereby expanding its presence in the strategic airport infrastructure sector. The operation’s enterprise value is 150 million euros and includes a 54% share of Software Design SpA, a company specialising in software for airports.

F2i’s board of directors - with an agenda that included, among other things, review of a dossier on investment in a major airport infrastructure in southern Italy – unanimously authorised its managing director, Vito Gamberale, and the investment team to continue negotiations with the seller.