40
        
        
          The Zeppelin designed by Marcel Wanders,
        
        
          one of the iconic products of Flos
        
        
          Gruppo Coin
        
        
          is Italy’s leading apparel retail group, successfully
        
        
          operating a network (including franchises) of approximately
        
        
          1,100 stores in Italy and 162 abroad under three different brand
        
        
          names: OVS Industry (the largest Italian apparel retailer),
        
        
          Coin (the largest Italian department store operator) and UPIM
        
        
          (acquired in 2010 and in the process of being converted into OVS
        
        
          Industry or a younger format named UPIM POP). Gruppo Coin
        
        
          is a quality company with an excellent management team and
        
        
          commands approximately a 7% market share in Italy ahead of
        
        
          groups such as Zara, H&M and Benetton. In Q1 2015 OVS was
        
        
          successfully listed on the Milan Stock Exchange. Gruppo Coin
        
        
          continues to be affected by challenging market conditions and
        
        
          maintains strong cost controls and working capital management
        
        
          while continuing the retail network expansion.
        
        
        
          Goldcar
        
        
          was established in 1985 and is the leading leisure car
        
        
          rental company in Southern Europe, with a leading market share
        
        
          in Spain, Italy, Portugal and Malta.
        
        
          The Company is a pioneer in the value segment of the car rental
        
        
          industry, having established the business model followed by its
        
        
          competitors. Goldcar is present in Southern Europe’s key tourist
        
        
          airports and railway stations through 53 offices, benefiting from
        
        
          the strength and resilience of the Mediterranean tourism market
        
        
          (which accounts for 40% of the global industry).
        
        
          In 2014, high-caliber management changes were made by
        
        
          appointing a CEO and a new CFO.
        
        
        
          Flos
        
        
          is the leading Italian high-end lighting brand, known
        
        
          globally for its iconic design and technological innovation, both
        
        
          in the decorative and architectural segments.
        
        
          Since its founding in 1962, Flos products have been recognized
        
        
          with a number of design awards and are collection items for
        
        
          leading museums such as the MoMA in New York, the Victoria &
        
        
          Albert Museum in London and Le Centre Pompidou in Paris.
        
        
          Flos’ long-standing relationship with world-renowned designers,
        
        
          such as the Castiglioni brothers, Philippe Starck and Antonio
        
        
          Citterio, is a unique feature of the company.
        
        
          Flos employs 430 people and has two main operational
        
        
          headquarters in Brescia (Italy) and Valencia (Spain).
        
        
          In addition, it is present globally through dedicated showrooms
        
        
          and shops in Milan, Rome, Paris, New York, Tokyo, Hong Kong,
        
        
          Singapore, Lyon, Amsterdam, Copenhagen, Oslo and Stockholm.
        
        
          At the beginning of 2015, Flos reached an agreement for the
        
        
          acquisition of Ares, the leading Italian company in the premium
        
        
          outdoor lighting market. The transaction enables Flos to cover
        
        
          all key premium lighting products and generate significant
        
        
          synergies with Flos’ current operating model.
        
        
        
          Perfume Holding
        
        
          produces and markets perfumes for a number
        
        
          of well-known brands. The license portfolio includes Ferrari, La
        
        
          Perla, Iceberg, Liu Jo, Grigio Perla, John Galliano, Ducati and
        
        
          Sergio Tacchini. In addition, the group owns the Atkinsons and I
        
        
          Coloniali brands. The company has a direct presence in Italy, France,
        
        
          Germany, UK and Singapore. The company is consolidating its
        
        
          strategy of creating the first alternative to multinational perfumes
        
        
          companies through the acquisition of small-medium size brands
        
        
          and companies. The build-up strategy has allowed the group to
        
        
          reach a more flexible and integrated structure with a stronger
        
        
          management team who is able to oversee and direct the entire
        
        
          process. The company is developing its international distribution
        
        
          through selected partnerships with key distributors in order to
        
        
          capture opportunities in the emerging markets. At the beginning