Gattai, Minoli, Agostinelli & Partners advisor in a private placement of Antress Industry

Gattai, Minoli, Agostinelli & Partners, with a team formed by partner Marco Leonardi and associates Federico Tropeano and Giorgia Gentilini, assisted Antress Industry in a private placement through the issuance of a euro 4 million bond, increasable up to euro 7 million in 2019, which has been subscribed by funds managed by Tenax Capital, aimed at supporting a strategic plan of investments in Italy and abroad.

Antress Industry, headquartered in Carpi (Modena), was founded in 1989 and since then it acts in the clothing and woman accessories industry, mainly with Manila Grace brand. The company has offices and distributes in more than 40 countries in the world and in 2017 registered revenues equal to about Euro 48 million with a Ebitda margin exceeding 10%, employing over 200 people in Europe.

Tenax Capital is active in Italy with two funds dedicated to the issuance of medium-long term financings to Italian small and medium-sized companies and manages more than 400 million in the European private debt without a specific industrial or geographic focus.