ITALIANO
Portfolio
Redecam Group is a world-class manufacturer of filtering equipment active in the design, supply and installation of complete process systems and equipment.  The Company, led by experienced entrepreneur Mr. Bettoni, is considered as a leading supplier in the cement industry and provides exhaust treatment equipment also for the incineration, steel, glass and power industries.  Our investment thesis relies upon the strong organic growth of the Company and on the potential expansion of Redecam Group’s core capabilities in filtering processes to new market segments and new geographic areas with a particulars focus on emerging markets.  In 2010, the Company recorded revenues in excess of €30 million.
Sinergia also owns a minority stake of Cemengal, a former subsidiary of Redecam Group, based in Madrid (Spain), operating in the international market of cement services and provides feasibility studies and turnkey solutions.  In 2010, Cemengal recorded revenues of approximately €20 million.
 
E-Motion is a distributor of consumer electronics, led by the founder Mr. Bellotti.  Our investment thesis is to consolidate E-Motion’s leadership position in the Italian market through organic growth and to selectively expand to other geographies (Argentina, Spain, and Eastern Europe).  The entrepreneur, focusing on a continuous search for the best innovations, led the Company to become the distributor of over 40 international brands including Apple, HP, HTC, LoveMyPod, TomTom.
As of June 30, 2010 (end of 2010 fiscal year), E-Motion has generated sales of over €150 million.
 
Unopiù is a European leader in the outdoor furniture sector, led by Federico Minoli and Luigi Ferrando, respectively Chairman and CEO.  Unopiù is an active player in several European countries such as Italy, France, Spain, and Germany, and had 2010 turnover of approximately €50 million.
The Company’s strategy is to grow the business by extending the reach of its distribution channel, strengthening direct marketing activities and expanding its geographical presence.
V2 is an upcoming player in the manufacturing and distribution of integrated systems for the automation of gates and garage doors, and automation solutions for awnings, curtains, and rolling shutters.  The Fund and the management team aim at consolidating Group’s competitive position both in Italy and abroad.
In 2010 V2 has generated sales in excess of €20 million.

Founded in January 2002 by Mr. Salvatore Ruggeri and an experienced team of managers, Valvitalia is the Italian leader manufacturer of valves, fittings and pre-assembled skids for the upstream and midstream segments of oil & gas and power generation industries. We share the entrepreneur’s vision to grow the Company through a wider product offering, strategic acquisitions, and a consolidated global presence.
In 2010, Valvitalia had a turnover of approximately €300 million.

Cobra Automotive Technologies, a company listed on the Italian Stock Exchange, is one of the major operators offering integrated vehicle security solutions for the prevention of risks linked to vehicle usage and ownership. Today, Cobra is partner of the most important European and Asian vehicle manufacturers.  It develops integrated solutions for original installation and is present on the European, Asian and South American markets with a network of more than 40 local distributors.  Carmine Carella, the charismatic CEO and minority shareholder, is the key responsible for the Company’s success. Cobra's objective is to continue expanding the geographic reach of the business as well as its security services offering.
In 2010, Cobra recorded revenues in excess of €100 million.

Waste Italia is a leading integrated player in the Italian special non-hazardous waste management industry. The Company operates with a national presence throughout the whole value chain with a full array of services ranging from waste collection to selection/treatment and disposal.  The majority shareholders (Colucci family) and the CEO (Mr. Chirico) have a long experience in the industry as well as the entrepreneurial skills necessary to pursue the Company’s ambitious growth over the next several years.  Waste Italia collects and treats almost 300,000 tonnes of special waste each year.
The Group achieved consolidated revenues of approximately €90 million in 2010.

Cartonplast Group is the European leader in manufacturing, marketing, and servicing of polypropylene pads used as divider sheets in the transportation of glass containers and cans for the food and beverage industry.  The Group has developed a successful service model called Pool System: the Company rents polypropylene pads to glass beverage companies to move bottles, cans and jars from container suppliers to filling facilities.  Cartonplast manages logistics services to pick up pads from the bottlers and deliver them to company-operated cleaning facilities where pads, once cleaned and sterilized, are ready to be rented out for a next cycle.
Today Mr. Joachim Kreuzburg, known German entrepreneur with extensive experience of the Polymer sector and of private equity transactions, leads Cartonplast Group and its international operations in Germany, Italy, Spain, UK, Poland, and Turkey.  The Group also operates in the US market, through Corbiplastics, a joint-venture with Menasha Corporation.
In 2010, Cartonplast Group recorded consolidated sales of approximately €90 million.

Kinetika Group is a leading operator in the Italian private healthcare market.  Kinetika manages some relevant private hospitals and elderly long-term care structures, mainly in central and northern Italy, including Policlinico Città di Quartu, Casa di Cura Sant’Elena and Clinica San Salvatore in Cagliari.  Mr. Alberto Scanu, an experienced industry entrepreneur and Company co-founder, leads the Group and supports its development, aimed at exploiting the opportunities offered by the consolidation of the market, through both organic growth and acquisitions.
In 2010, Kinetika has reached a turnover of approximately €50 million.