Finproject S.p.A.
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Finproject S.p.A. - overview
Established
1965
Location
-, Morrovalle, Italy
Primary Industry
Consumer Products
About
Finproject S. p. A. is an Italian company specializing in the production of lightweight plastic products.
It focuses on sustainability with innovative solutions for diverse industries, particularly footwear and automotive. Founded in 1965 in Italy, Finproject S. p. A.
has established itself as a notable producer of lightweight plastic materials. The company underwent a significant change in June 2015 when Palladio Holding and management acquired a minority stake from Xenon Private Equity. The current CEO is Maurizio Vecchiola, who has been instrumental in driving the company's strategies. Finproject is headquartered in Italy, with additional operations in Romania, India, China, and various locations across North America and South America.
Finproject specializes in producing lightweight plastic products that cater to various industries, primarily through its flagship product XL EXTRALIGHT®. This product is known for its durability and lightweight characteristics, serving clients in footwear, fashion, and automotive sectors. The company also offers Bio, Bio-circular, and Circular Plastic Products, utilizing sustainable materials to address environmental challenges while meeting the demands of international clients across multiple markets. In 2023, Finproject reported a revenue of EUR 244,159,634.
10 and an EBITDA of EUR 32,910,793. 80, reflecting its strong position in the market through direct sales and partnerships with manufacturers and retailers. Finproject aims to continue its growth trajectory by launching new products designed with sustainable materials, targeting specific markets for expansion, including North America and South America, by 2025. The recent funding round of EUR 40.
00 mn raised in June 2015 will support these initiatives, further solidifying its commitment to innovation and expansion strategies.
Current Investors
Palladio Holding
Primary Industry
Consumer Products
Sub Industries
Footwear
Website
www.finproject.com
Verticals
Manufacturing
Company Stage
Mature
Total Amount Raised
Subscriber access only
Finproject S.p.A. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Secondary Buyout | Completed | Finproject S.p.A. | - | ||||||||
| Buyout | Completed | Finproject S.p.A. | - |
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