Lediberg Spa (www.lediberg.it), a group leader in the paper and printing industry, has been the target of an investment of a pool of Italian and foreigner investors interested in the growth of the business. The deal has reduced the financial debt of the group through a capital increase of 60 million Euro and an agreement of debt restructuring closed with the banks.

The new investors (Iris Fund and a pool of Italian entrepreneurs), advised by K Finance and R&G Consultant, have invested 20 million Euro of new equity while the banks (Intesa, Unicredit, Mps, Bnl, Natixis, Ikb) have signed an agreement of debt restructuring that allows the decrease of the financial debt of the group from 140 to about 83 million Euro.

Lediberg, founded in 1965, is active in three business areas: production of dated and non-dated agendas (accounting for 74% of sales), commercial deluxe printing, leather goods. Production is located in 7 plants, 4 in Italy, 1 in Germany, 1 in Brasil and 1 in Romania. The new group, thanks to the restructuring, to the synergies with the new investors and to their expertise in these industries, wants to growth internationally to gain a greater market quota. The aim is to reach a turnover of 209 Euro million by 2018 from today’s 156 million.

Legal advisors were: Alberto Calvi di Coenzo of Avvocati d’Impresa to the Italian investors, Alem & Associates to the foreign investors, Studio Gianni, Origoni, Grippo, Capelli & Partners to Lediberg. Legal advisor to the banks was Linklaters. Financial advisor to the company and to the old shareholders was Lazard.