EQUITA assisted Unieuro

The transaction in a nutshell

EQUITA assisted Unieuro

Unieuro signs deal to acquire Covercare and enter the extended warranty, installation and home care services market. EQUITA financial advisor to Unieuro in the deal

Client:
Unieuro S.p.A.
Date:
October 2023
Mandate:
Acquisition of Covercare S.p.A.
Role:
Financial Advisor
Value:
€ 60 m

The company

Unieuro is Italy’s leading distributor of consumer electronics and household appliances, thanks to an omnichannel approach which integrates direct stores (approx. 280), affiliated sales points (approx. 260) and the unieuro.it digital platform. The company is headquartered in Forlì and has a central logistics platform in Piacenza and approx. 5,700 employees. Listed on the Euronext STAR Milan since 2017, Unieuro reports revenues of Euro 2.9 billion for the fiscal year ending February 28, 2023.