Seventeenth listing of 2021 on Borsa Italiana’s AIM Italia
A.L.A S.p.A. brings the total number of companies listed on Borsa Italiana’s AIM Italia to 149
A.L.A. S.p.A. raises €25 million with listing
Milan – 20 July 2021 – Borsa Italiana, part of the Euronext Group, today congratulates A.L.A. S.p.A. on its listing on Borsa Italiana’s AIM Italia.
A.L.A. S.p.A. is one of the world-leading groups in the supply of integrated logistics services and distribution of products and components for the aeronautic and aerospace industry, in both the civil and defence sectors ("Aerospace & Defence").
A.L.A. S.p.A. represents the seventeenth listing since the beginning of the year on Borsa Italiana’s market dedicated to small and medium sized companies and it brings the total number of firms currently listed on AIM Italia to 149.
In the placement phase, A.L.A. S.p.A. raised €22.5 million, excluding the potential exercise of the over-allotment option. In the case of full exercise of the over-allotment option, the total amount raised will be €25 million. The free float at the time of admission was 20.3% and the market capitalisation at IPO €90.3 million.
Fulvio Scannapieco, Chairman of A.L.A. S.p.A., said: "The listing today is a crucial step in the history and future of A.L.A. We have an ongoing and steady growth process, which is nurtured not only by people of great value and expertise, but also by the ability to provide our customers with an accurate and state-of-the-art service that enables them to optimise the logistic performance in terms of time, costs and productivity".
Vittorio Genna, Vice-Chairman of A.L.A. S.p.A., said: "Listing on Borsa Italiana will allow us to accelerate the growth process, also through future acquisitions, and it will contribute to the creation of value for all the investors that have so far believed in us and those who will join our project. In the coming years, we will be aiming at consolidating our leadership in the integrated logistics services and in the distribution of components for the Aerospace & Defence sectors in Italy and elsewhere; besides, it is our intention to continue the diversification strategy into new markets: rail, energy and naval."
Fulvio Scannapieco, Chairman of A.L.A. S.p.A. and Vittorio Genna, Vice-Chairman of A.L.A. S.p.A., rang the bell during the market open ceremony this morning to celebrate the Initial Public Offering of the company.
A.L.A. S.p.A. A.L.A. S.p.A. (Advanced Logistic for Aerospace) is one of the world-leading groups in the supply of integrated logistics services and distribution of products and components for the aeronautic and aerospace industry, in both civil and defence sectors (“Aerospace & Defence”). Furthermore, ALA group is an active player in the distribution and integrated logistics services of mechanical products and components for Energy, Naval, and Rail companies. A.L.A. S.p.A. was founded in 2009 by its Chairman Fulvio Scannapieco and its Vice-Chairman Vittorio Genna, who are both entrepreneurs with over 30 years of experience in the business. The group has started an organic and inorganic growth process that currently guarantees an operative footprint and a strong leadership not only in Italy, but also in France, Germany, United Kingdom, Israel, and the United States. With 1,300 suppliers worldwide, customers in 40 countries and 260 employees, A.L.A. S.p.A. is a long-standing supplier for the aerospace and aviation industry. However, in recent years it has been playing a key role in the supply chain management services of mechanical precision components and small parts for many other high-tech industry sectors.