EQUITA assisted IVS Group

EQUITA SIM - Equity Capital Markets
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ivs 1920x1080

Milan, 8 June 2022 – IVS Group S.A. – the ltalian leader and the second player in Europe in the business of automatic and semi-automatic vending machines for the supply of hot and cold drinks and snacks – announced the successful completion and full take-up of its €185 mllion rights issue.

The capital increase allowed IVS to raise funds to finance the acquisition of Liomatic and GeSA in order to further consolidate its leading position and improve commercial and logistic coverage and efficiency at national level, providing clients with increasingly better and higher value services.

The stock price has increased by ca. 19% since the beginning of the rights trading period, outperforming the European Travel & Leisure sector.

Equita assisted IVS Group as financial advisor and placement agent. This transaction further underscores Equita’s leading ECM franchise in Italy with this being the third successfully price deal since the outbreak of Ukrainian crisis, following the €90 million primary ABB in CY4Gate shares and the €105 million reverse ABB in Cattolica Assicurazioni on behalf of Assicurazioni Generali, both led by Equita as Sole Bookrunner.

The transaction in a nutshell

IVS Tombstone 2022
Client:
IVS Group
Date:
June 2022
Mandate:
Rights Issue
Role:
Financial Advisor and Placement Agent
Value:
€ 185 m
Typology:
Equity Capital Markets – ECM
Advisor:
EQUITA SIM

The company

IVS Group S.A. is the ltalian leader and the second player in Europe in the business of automatic and semi-automatic vending machines for the supply of hot and cold drinks and snacks (vending). The core vending business is mainly carried out in ltaly (82% of sales), France, Spain and Switzerland, with around 230,000 vending machines; the group has a network of 87 branches and around 2,700 employees. IVS Group serves more than 15,000 corporate clients and public entities, with over 650 million vends in 2021.