Group FIMO, an international leader in the manufacturing and distribution of telecom cable management products and camouflage systems, controlled since 2015 by the fund IGI Investimenti Cinque managed by the Private Equity company IGI Private Equity, has acquired DCE, an Italian company specialized in the realization of systems and wiring for the telecommunication industry. Group FIMO further consolidates its market position in the industry, following the acquisition at the beginning of 2018 of the French company Polyform active in the camouflage solutions for the mobile industry.

Group FIMO has been active for more than 80 years in the production and distribution of telecom cable products. It has a direct presence in Italy, where it was founded, and four operating subsidiaries in France, Germany, India and USA. Group FIMO expects a consolidated turnover of more than Euro 25 million and an EBITDA margin of more than 20% at the end of 2018.

K Finance – partner of Clairfield International – represented by Mr. Filippo Guicciardi and Mr. Maximiliano Turelli, acted as financial advisor to Group FIMO; Nctm, represented by Mr. Michele Motta and Mr. Cesare Saputo, as legal advisors.

Siniscalco & Partners, represented by Mr. Paolo Siniscalco and Mr. Domenico Carnovale, acted as financial and fiscal advisor to DCE while CMP law firm with Mr. Elio Cantore as legal advisor.