Industrie Polieco - M.P.B. has sold a minority stake to RedFish Longterm Capital

T.P. Holding Srl, the company controlled by the Tonelli family, has sold Industrie Polieco - M.P.B. SpA to RedFish Longterm Capital SpA.

Industrie Polieco - M.P.B. is a leading European company in the production of corrugated pipe systems and manhole covers in composite material. It is also among the key players globally in the oil and gas and packaging sectors for manufacturing compounds and adhesives.

RedFish Longterm Capital operates as an investment company. It engages in the acquisition of long-term stakes in small- and medium-sized Italian companies operating mainly in the precision mechanics, aeronautics, railways, agrifood, information and communication technology, oil and gas and telecommunications industries.

Oaklins Italy’s parent company Banca Akros acted as financial advisor of T.P. Holding Srl and Industrie Polieco - M.P.B. SpA.