Spirale Italia S.r.l.

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Spirale Italia S.r.l. - overview

Established

1975

Location

Trento, -, Italy

Primary Industry

Materials

About

Spirale Italia S. r. l. is a manufacturer of injected plastic footwear, specializing in various types of boots for both professional and recreational use, with a focus on quality and compliance with safety standards.


Spirale Italia S. r. l. produces a range of functional footwear, with a foundation dating back to 1975 in Trento, Italy.


The firm was acquired by B. Group and Ersel Asset Management in February 2012, though financial terms of the acquisition were not disclosed. The company was founded by Céline Dahan and Martin Viet, with Andrea Macasso serving as the current CEO. Spirale Group specializes in the production of injected plastic footwear, leveraging over forty years of experience in the industry.


The company's core product offerings include a diverse range of boots made from PVC resins and thermoplastic rubbers, designed for both professional and recreational use. Their product line encompasses rubber boots, rain boots, leisure footwear, sports boots, snow boots, and Canadian-style boots for both adults and children. Additionally, Spirale manufactures professional work boots that comply with key European safety standards, catering to the needs of various industries that require protective footwear. The customer base extends across several geographical markets, with products sold in regions including Europe, where demand for quality safety footwear is high, as well as in outdoor and leisure markets globally.


Spirale Group operates a B2B and direct-to-consumer revenue model, primarily generating income through sales of their footwear products. In 2023, the company's revenue reached USD 28. 98 mn, with an EBITDA of USD 2. 86 mn.


Transactions typically occur through partnerships with retailers and wholesalers, allowing for broader market reach and distribution. The company engages with industrial clients who require certified work boots, as well as individual consumers seeking recreational and leisure footwear. Specific pricing plans and transaction structures are tailored to the various segments of their customer base, reflecting the different functionalities and certifications associated with their flagship products. Spirale Italia S.


r. l. has plans to enhance its product line with upcoming launches designed to meet evolving market demands. The company is also targeting expansion into new geographic regions, particularly within the European market, by 2025.


The recent investments from the acquisition in February 2012 are expected to support these initiatives by allowing the company to scale its operations and innovate its product offerings.


Current Investors

Ersel Asset Management, B.Group

Primary Industry

Materials

Sub Industries

Rubber & Plastics

Website

www.spirale.it

Verticals

Manufacturing

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

Spirale Italia S.r.l. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
BuyoutCompletedSpirale Italia S.r.l.-

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