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Equita assisted Magma in the sale of a majority stake to Ravago

 

Equita supporting Magma

On 4 March 2021, Magma Holding sold a majority stake of Magma SpA to the Ravago group.

Ravago group is a service-oriented business, focused on distributing a broad product offering of branded plastic and rubber raw materials, including mainly third-party prime products as well as our own recycled and compounded products.

Magni family has remained involved with a minority stake and will continue to play an important role within the company by integrating its know-how into the business, with the aim to extend and improve the group's expertise in the production of sustainable polymers and expand the Ravago business in the recycling domain.

In this transaction Equita acted as financial advisor for Magma Holding, holdco of the Magni family.

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