20
The broad network of Industrial Advisors has specific industrial
expertise in their sectors, a history of strong relationships with
Investindustrial, and is headed by the Industrial Advisory Board.
The Industrial Advisory Board provides industry expertise, views,
opinions and strategic advice on industrial and business plans to
the Boards of the Investment Managers and Holding Companies.
Its members act as consultants and do not have any fiduciary
obligations. They are an integral part of Investindustrial’s business
model and industrial approach, providing competence from
operational and strategic issues in their fields of expertise.
The members of the Industrial Advisory Board are seasoned
executives who bring valuable industrial expertise in a wide range
of sectors and are closely linked to the Group’s industrially-driven
operational model. The Industrial Advisory Board is chaired by
Andrea C. Bonomi.
The Industrial Advisory Board
An
organisation
tailor-made
for active ownership throughout
the investment process
Investindustrial leverages proprietary networks to source
attractive investment opportunities typically unavailable to the
broader market. Since inception the vast majority of portfolio
investments have been sourced through proprietary channels,
including family and corporate vendors, Public-to-Privates and
public situations, a deliberate course of action which has yielded
attractive entry multiples.
Investindustrial allocates resources to a concentrated group
of investee companies but actively seeks to mitigate risks, and
control returns, by holding a portfolio of assets that exhibits
natural diversity. Target companies are typically in growth or
mature phases of their lifecycle with the level of support required
categorised in the following ways: consolidate position as local
leader, strategic repositioning, international expansion, accelerate
growth through acquisition and/or new products and markets.
Investindustrial provides hands-on support to investee companies
through the team’s breadth and depth of expertise. The ability
to deliver on often complex operational and organisational
plans is underpinned by the broad and deep internal sector
expertise developed across many business cycles and is actively
supported by the internal Business Development Group. The
team’s experience combines strong local investment insight with
a global perspective which is leveraged to ensure the successful
execution of the industrially-driven approach. As active investors
Investindustrial works closely with key management throughout
the ownership phase to drive product growth and/or market
expansion. This includes actively securing industrial, branding and
To help its portfolio companies achieve their full potential, and in
support of the active ownership approach, Investindustrial can
count on the valuable commitment of its Industrial Advisors. These
seasoned executives bring industrial expertise in a wide range of
sectors and are closely linked to the group’s industrially-driven
operational model.
The Industrial Advisors concentrate their advice on maintaining
best practice corporate governance, stress testing industrial plans
and identifying global value creation opportunities.
A unique network of Industrial Advisors
financial partners from inside, or selectively from outside, our
network. These proprietary relationships have been developed
over many cycles and are inherently interlinked, making it difficult
for competitors to replicate them, which further entrenches
Investindustrial’s status as the preferred partner for high-quality
mid-market businesses in Southern Europe and opportunistically
in Western Europe.
The industrially driven, responsible and active ownership
approach of Investindustrial creates a natural allegiance
with corporate players who are looking to acquire high
quality strategic assets. As part of the value creation process
Investindustrial identifies potential trade buyers with which there
may be valuable synergies and actively engages in dialogue
throughout the holding period. Industrial and strategic buyers
have accounted for the majority of Investindustrial exits to date,
which habitually leads to an attractive increase in the realised
value when compared to the most recent valuation prior to exit.
20
14
Who We Are
//
ANNUAL REVIEW & SUSTAINABILITY REPORT
Gabriele Del Torchio (Member of the
Investindustrial Advisory Board and former CEO
of Ducati) and Rupert Stadler (CEO of Audi)
