Ughi e Nunziante partner Roberto Leccese represented Fondo Mezzogiorno (Intesa Sanpaolo Group) in its 20% investment in Somacis.
The Somacis group is engaged in the manufacturing of printed cirquit boards and membrane keyboards, and had consolidated revenues of Euro 50 million in 2007.
Fondo Mezzogiorno, with committed capital of Euro 100 million, is managed by Sanpaolo Imi Investimenti per lo sviluppo SGR, a management company within the Merchant Banking Division of the Intesa Sanpaolo Group, and seeks investment opportunities in small and medium enterprises in the South of Italy with good know-how and growth potential. This is the tenth investment completed by Fondo Mezzogiorno, which was launched in 2003.
