Press Releases

The consortium formed by F2i (87.5%) and Intesa Sanpaolo (12.5%) has completed the acquisition of all the capital in Metroweb SpA by the Stirling Square Capital Partners fund. This operation, totalling 436 million euros, represents the entry of the fund administered by Vito Gamberale into the telecommunications sector and allows the return to Italy of a strategic asset for the distribution of fibre optics and ultra-wide bandwidth connections in the country.

F2i and Intesa Sanpaolo have initialled an agreement for sale of all of Metroweb SpA’s capital for a total of 436 million euros. Metroweb owns Europe’s largest fibre-optic network, with 7,200 km of cables and approximately 3,300 km of underground cable ducts covering an area with more than 2.7 million people, located mainly around the Milan metropolitan area. This acquisition is part of a long-term project that is based on the excellent quality of the company’s infrastructure and know-how and may contribute to the development of a market that will be of great interest to investors and for the entire national economic system.

The consortium formed by F2i (85%) and AXA Private Equity (25%) has completed acquisition of all the capital of E.ON Rete srl, a company active in Italy in the distribution of natural gas. With this acquisition, the Fund headed by Vito Gamberale (F2i) and AXA Private Equity are consolidating their position as second-leading independent operators in the natural gas distribution sector, bringing their market share to 15.8% (Enel Rete Gas-F2i Reti Italia + E.ON Rete srl).

F2i is completing acquisition of 65% of GESAC – the company that operates the Naples Capodichino International Airport – by Gruppo Ferrovial. In the wake of the operation, the Fund administered by Vito Gamberale is making its entry into the strategic airport infrastructure sector. This means one of the country’s most important assets is back in Italian hands. F2i thus becomes an industrial operator in air transport, a sector that needs major streamlining and investment.

The consortium formed by F2i (85%) and AXA Private Equity (25%) has initialled an agreement for acquisition of 100% of the capital of E.ON Rete srl, up to now held 100% by E.ON Italia SpA. E.ON Rete operates in the natural gas distribution sector in Italy, with some 600,000 customers in 300 municipalities. The base value of the operation, gross of the net financial position, is 290 million euros. This reinforces the commitment of the Fund administered by Vito Gamberale in the gas distribution sector, as part of a strategy aimed at creating an independent network for energy distribution in Italy.