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BRIEF-Italy's Indel B files for bourse listing in Milan
March 9, 2017 / 10:25 AM / 7 months ago

BRIEF-Italy's Indel B files for bourse listing in Milan

March 9 (Reuters) - Italy’s refrigeration systems group Indel B says:

* Has filed for bourse listing in Milan and will offer shares to institutional investors

* Banca IMI will act as global coordinator and joint bookrunner for the initial public offering, while Banca Akros is joint book runner

* The group posted revenue of 90 million euros in 2016 with a net profit equal to 10.7 percent of sales.

* Indel B makes minibars for hotels and refrigerators and air conditioning systems for trucks

* Indel B is fully controlled by a company owned by Italy’s Berloni family (Reporting by Milan newsroom)

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