Mario Ruberto

In the first quarter of 2024, the consumer & retail sector witnessed the completion of 53 M&A transactions with a total value of 3 billion euros. This marks a significant increase from the 40 deals worth 2 billion euros in the last quarter of 2023, and the 47 transactions valued at 1 billion euros in the first quarter of the previous year. These figures signal a positive trend for the Italian economy, highlighting the growing importance of operations in this sector relative to the overall M&A activity. The upward trend aligns with global dynamics, where companies are focusing on strategic divestitures to fund growth, reduce debt, and concentrate on their core business. Check out my interview for @BeBeez International discussing M&A activities in the consumer & retail field. Thanks to Stefania Peveraro https://lnkd.in/dF3au7jT

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The #TaxTransparencyReport, which Snam S.p.A. is publishing for the second consecutive year, aims to present its approach to #taxation and #riskgovernance, and provides its #stakeholders with a summary on how the Group’s activities contribute to #valuecreation for the communities. Giuseppe Nicosia #TaxTeam #WeareSnam

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International CFO Alliance is pleased to announce that the next board meeting will take place in #Verona (#Italy), during the ANDAF - Associazione Nazionale Direttori Amministrativi e Finanziari annual congress from September 19 to 21. #cfo #finance #management #treasury #accounting #financing #rse #esg #Europe #Africa #America #financialplanning #companies

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An incredible team-building day with future leaders of Luiss Executive MBA! Together, we turn challenges into opportunities and grow towards success! 🚀 #TeamBuilding #Leadership #ExecutiveMBA #LuissBusinnessSchool #Teamwork #Collaboration #Growth #Success

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Esautomotion's 2023 financial statements approved: revenues still growing despite the uncertain scenario.   On April 4th the Board of Directors of Esautomotion approved the corporate financial statements as of 31 December 2023. At the end of the year, turnover grew by 4.6% reaching €36.7 million, which includes sales from Sangalli Servomotori, incorporated in July 2023.   “I find our performance in 2023 satisfactory” – Franco Fontana, President of Esautomotion, commented – “The year was conditioned by the end of the “shortage” phase of microprocessors and electronic components which drugged the previous two years leading many OEM customers to overstock, thus “pumping” up our sales, which grew double digits in 2021 and 2022. We knew in advance that it would have been impossible to keep this pace also in 2023, considering the progressive destocking phasis which generally took and is still taking  place.”     The keywords for 2024: commercial consolidation, focus on new markets.   “We expect to harvest the fruits of the constant seeding activity in recent years” – Andrea Senzolo, General Manager of Esautomotion, declared – “Thanks to the increased visibility at specialized fairs and the positive word of mouth, we have developed many new contacts in key and emerging markets which we count to convert into actual customers and turnover in the next two years. Furthermore, the acquisition of Sangalli Servomotori will allow us to explore new niches in sectors where we are still not present.”   “We are very optimistic about the results that the new direct branch Esautomotion Turkiye will be able to guarantee us in terms of penetration among local OEMs, also considering their exports to Europe” – Senzolo added – “As far as USA are concerned, “reshoring” is leading to the return of many productions from abroad, a great opportunity for our Esautomotion North America branch, which can offer a unique prompt and “time-zone proof” technical and sales service vs. distant European and Asian competitors.”   “I think that India will be one of our leading markets in the future, because their manufacturing industry is rising rapidly supported by the aggressive protective policies that the Indian government put in place, especially versus import from China” – Senzolo underlined – “Esaumotion has already a solid presence in India through a local distributor and some historic customers. In recent months we have brought new managers into our company to manage in a more focused way this country, which could become a platform from which to serve also neighboring countries.” Watch the video of the interview with Franco Fontana and Andrea Senzolo on the MilanoFinanza/Class channel: https://shorturl.at/fwCV0 Read here the full news:

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Tomorrow in Milan, United Nations Economic Commission for Europe will host their ‘Vision & Visibility: Scaling Transparency’ event - three years after the sustainability pledge launch for sustainable and circular garments and footwear. As part of this event, the Foundation’s Senior Policy Analyst Matteo Magnani will moderate the panel ‘Reversing Direction in the Used Clothing Crisis’. Matteo will also shed insight on the Foundation’s latest report, ‘Pushing the boundaries of EPR policy for textiles’. The report outlines how Extended Producer Responsibility policy (EPR) is a necessary part of the solution to build a #circulareconomy for textiles. To achieve a circular economy on a global scale, we need unprecedented collaboration across governments. Register and watch the livestream 16:00 - 16.30 (CET): https://lnkd.in/e6yBETYV Read ‘Pushing the boundaries of EPR policy for textiles’ here: https://lnkd.in/edvDRHCk #TheSustainabilityPledge #UNECE

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AITI Associazione Italiana Tesorieri d'Impresa are pleased to share a survey on sustainable supply chain finance. All EACT members are invited to take part. The main objective of the questionnaire is to investigate what are the main drivers that can lead companies to adopt Sustainable Supply Chain Finance solutions in today's global market. Take survey: https://lnkd.in/e4Dwzf_n The survey will take approximately 15-20 minutes to complete. Completion of the questionnaire is voluntary and can be stopped at any time. The answers will be collected and processed anonymously by the University of Pavia for research purposes and statistical analysis on aggregated or anonymous data, without the possibility of identifying the user. No profiling activity is planned. A short report of the results will be sent on request to those who participate in the questionnaire and consent to leave their email address. #treasury #scf #supplychains #ESG

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Penalty protection and Risk prevention as basis for the new Italian cooperation between taxpayer and Revenue Agency. The new relationship based on trust and transparency. Maria Iulia Santaniello Dornbusch #trust #Italiantaxation #cooperative #transparency https://lnkd.in/d7-AwZx7

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Luxury brands face increasingly complex challenges in China https://lnkd.in/dh5vhSdU (full article) #Valentino #MaisonValentino #luxury #luxuryfashion #luxurybusiness #luxurysector #luxurybrands #luxuryindustry #Valentino Équité Daniel André Langer

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#STSDeloitte | Deloitte with FSI SGR S.p.A. in their investment in Retex to establish a leading group in the MarTech sector   Deloitte Financial Advisory with the Partner Tamara Laudisio and the Director Luca Furlotti and STS Deloitte with the Partners Valentina Santini, Arnaldo Barbaro, Monica Di Lascio, and a team composed by Giulia Codignoni, Vittoria Gaiani, Camilla Santamaria, Sofia Carlotta Goglio and Andreea Samoila, provided financial and tax due diligence services respectively, to FSI, the largest country-focused Private Equity fund in Italy, leader in the technology sector, with over €1.2 billion invested by its team, in their investment in Retex to establish a leading group in the MarTech sector. FSI will hold a ca. 80% interest, while Retex's current shareholders will retain their ownership.   👉 https://lnkd.in/dvnAHBvh #DealDone #MergersAndAcquisition #DeloitteFinancialAdvisory

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Tax-free shopping is not merely a concept; we believe it should be a movement poised to reshape the landscape of travel retail. We believe this movement has the potential to create a win-win scenario for both travelers and businesses, ensuring that both maximize their value.   A recent article in Sole 24 Ore underscores our pride at utu in driving this shift. It highlights our role as an enabler, aiming to build a thriving tourism retail ecosystem that benefits everyone involved.   Our mission is to morph tax-free shopping into a rewarding experience; we strive to maximize the economic impact for host countries by developing tailored solutions that empower local businesses. We do this through a belief that refunds leaving a country should be retained within, incentivizing tourists to get more and enhancing the local shopping ecosystem. The vision of enriching visitor experiences while simultaneously supporting local enterprises is already taking shape through partnerships like our collaboration with Coccinelle, where we're unlocking the full potential of tax-free shopping through rewards.   Join us as we redefine the travel experience, making it more rewarding for all. https://lnkd.in/gXSrW-AK

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Very interesting event on the decarbonization of the Maritime and Aviation sectors. A crtical part of the global energy transition process.

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Happy to share with you an abstract from an article, written together with Sergio Marchese, published on the Italian tax review "Corriere Tributario", no. 6/2024. In this piece, we delved into the topic of the syndication of financings, through sub-participation agreements, and the related fiscal implications. Looking forward to receiving your thoughts on this! 

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👗 New Equity Research Report on Prada S.p.A.! 👗 We're thrilled to share our comprehensive analysis of Prada, a global leader in luxury fashion. The report covers: 📈 Financial Performance: Solid Q1 2024 results and promising future outlook. 🌟 Key Catalysts: Increasing purchasing power, the YOLO trend, and digital innovation. 📉 Risks and Mitigations: Supply chain disruptions, economic downturns, and brand-specific challenges. 🛍️ Recent Developments: €1bn investment in retail strategy and production facility expansions. Discover how Prada is navigating the luxury market and driving growth. Read the full report for detailed insights! #EquityResearch #Prada #LuxuryFashion #MarketTrends #FinancialAnalysis #InvestmentInsights #RetailStrategy Read the full report here:

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