Tamburi Investment Partners S.p.A. (BIT:TIP) signed a binding agreement to acquire an unknown minority stake in Limonta S.p.A. from Limonta family on October 15, 2021. In a related transaction, Tamburi Investment Partners S.p.A. to acquire an unknown minority stake in Limonta S.p.A. through a share capital increase. As a part of both the transactions, TIP will acquire a total of 25% stake in Limonta S.p.A. for approximately €89 million.

Limonta family and TIP have also agreed to foresee the listing of Limonta on the stock exchange in the medium term. The execution of the transaction is expected by the end of 2021. Clairfield International acted as financial advisor to Limonta S.p,A