
Investment date:
1/11/2016
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State:
Exited
Strategy:
Florac Partners Europe
Country: United States
Italy
Grandi Stazioni Retail holds the exclusive long-term concession for the operation of the commercial and advertising spaces of the 14 main Italian train stations (e.g. Milano Centrale, Roma Termini). In total, GSR stations welcome more than 800 million visitors per year. In 2016, Florac supported Maurizio Borletti and his BGSH structure in the acquisition of GSR alongside the Antin Infrastructures and ICAMAP Advisory funds with the objectives of structuring the group, professionalizing the various businesses, implementing an ambitious program to rehabilitate and improve the customer experience and making the best use of the flow of visitors who travel through the stations on a daily basis. Florac sold its stake in 2024, as part of the takeover of the group by the Omers and DWS funds.
http://www.gsretail.it/