With the signing of the contract for the transfer of Michele Canepa’s 40% shareholding in Canepa Spa to Muzinich & Co, the process of agreements guaranteeing a majority shareholding in the company has come to an end.

The shareholding structure now consists of shareholder Muzinich & Co at 70% and Invitalia (Agenzia Nazionale per l’Attrazione degli Investimenti e lo Sviluppo di Impresa) at 30%.

Michele Canepa, son of the company’s founder, was thanked by the new owners for what has been achieved so far. The sale of the shares puts an end to the first part of Canepa’s relaunch operation, which began in November 2021 and was supported by the EUR 18 million invested by the American Muzinich & Co., manager of the Azimut Eltif Fund – Private Debt Capital Solutions (born from the partnership between Muzinich & Co and Azimut), by Invitalia (through the fund for the safeguarding of employment levels and the continuation of business activity) and by Michele Canepa, as the largest shareholder.

The company is now in the implementation phase of its five-year development plan, launched about a year ago, which aims at a return to the turnover levels of the pre-crisis and pandemic years.

The first appointment of the new corporate structure is at Proposte from 18 to 20 April.