TM
This document has been prepared for information purposes only on
the basis of a series of conditions. Neither the whole nor any of the
information in this report may be used for any other purpose without the
prior written consent of Investindustrial. While it has been prepared in
good faith, no representation is given as to the accuracy or achievability
of any values applied herein, nor should any valuations be treated as
Investindustrial’s estimate of the eventual investment outcome. The
assumptions on which these values have been prepared are necessarily
subjective and have not been subject to third party verification. By your
receipt of this document, you acknowledge that you are aware of the
restrictions imposed by the laws of various countries on the purchase
and sale of securities by any person who has received such information
and on the communication of this information to others. We are not in
the position to determine whether any of the information in this report
is insider information within the meaning of the laws of any country, as
such determination could be made only in the light of the circumstances
in which any disclosure was considered. Nothing in this report should
be construed as advice or solicitation to buy or sell any securities. The
information and opinions in the report are given in good faith. However,
we do not make any warranty as to their completeness or accuracy.
They are also subject to change without notice. References to names
of portfolio companies are intended to be made, where the context
requires, to the applicable holding company/subsidiary of the relevant
Fund. The terms “Group”, “Firm”, “Investindustrial”, “Our”, “We”, “Us”,
“Portfolio Company”, “Team”, “Professionals”, “Partner”, “Principal”,
“Senior Partner” and “Senior Principal” in this document have been used
only for practical ease of reading and do not intend to imply any specific
reference to an entity or a legal definition of any activity of control by
any company with respect to other companies. Terms such as “control”,
“ownership” and their synonyms are also used for case of reference and
illustrative purposes only and may not imply, from a juridical perspective,
full or partial control of certain companies due to limitations by any
shareholders’ agreements, co-investment vetoes and other third party
rights, management stock option and any other incentive scheme.
In addition, shares in portfolio companies are held by the applicable
investment and/or holding company of the relevant fund and rights over
such shares are exercised by the board of directors of the investment
and/or holding company in an independent manner. References to
“Lugano” or “Switzerland”, “Barcelona” or “Spain”, “London” or “the
UK”, “Luxembourg”, “Shanghai” or “China” and “New York” or “the USA”
when used in the context of Investindustrial’s activities (whether together
with the words “team” or “office”) are intended to refer to the respective
independently managed advisory or investment companies
as applicable. The Investindustrial website and any other company’s
website, information and links contained therein are not part of this
document and should not be considered as incorporated by reference
herein. For any queries on the information contained within this report,
the reader should contact Investindustrial.
Investindustrial is a group
of independently managed
investment, holding and
financial advisory companies.
All trademarks, brand names
and logos (including any
word, name, symbol, design,
colors or combination thereof)
reproduced in this report
are protected by applicable
national and international laws
and should not be used or
copied without the legitimate
owners’ permission.
