Kiian S.p.A. announces that agreement has been reached between our shareholders of the past 7 years (Sofipa SGR) and two new shareholders (Wise SGR and Alcedo SGR). Wise and Alcedo have been Private Equity investors for 12 and 20 years respectively.
Kiian Group has progressively focused its activity on its high technology inks business and on the internationalization of its business by acquisition and organic growth.
The turnover has grown from about 29 to 48 Million €, and its business outside Italy has grown from 30% to 70% at the same time improving the financial results of the Group, which has progressively become a Company managed in a way which reflects the needs of the markets today.
Wise and Alcedo have invested in Kiian in order to further support the company in its process of geographic expansion, focusing on high value added products, and in the
penetration of high growth markets.
The new investors commented:
“Kiian is a great example of an Italian SME with an international profile and a strong vocation for exporting. Kiian is fully equipped to grasp the many opportunities present by
the evolution of printing technologies”.
