ADVANCED LOGISTICS FOR AEROSPACE (ALA) acquired by HIG CAPITAL

H.I.G. Capital has completed the acquisition of a 73.78% majority stake in ALA from AIP Italia (the vehicle of founders Fulvio Scannapieco and Vittorio Genna). In a secondary transaction finalized in June 2025, H.I.G. also secured an additional 4.54% stake from Smart Capital and Smart ALA, bringing its total control close to 80% prior to the mandatory tender offer. The strategic rationale is to delist the company from the Borsa Italiana (Euronext Growth Milan) to facilitate an ambitious international development plan. As part of the deal structure, the founding families have reinvested to retain a 30% stake in the top holding vehicle (Wing HoldCo), ensuring management continuity. Following the completion of the 73.78% acquisition in October 2025, H.I.G. launched a mandatory takeover bid (OPA) to acquire the remaining floating shares and proceed with the delisting.