Kinexia

History

Kinexia SpA is a financial holdings company active in two macro areas: renewable energy in which the sub –holding  Volteo Energy operates and perfumes, cosmetics and organic food products head the companies which make up the Schiapparelli group.

Schiapparelli was established  in 1824 by Giovanni Battista Schiapparelli who after the acquisition of a historical pharmacy in Torino, launched an industrial chemical project for the large scale production  of compounds such as quinine sulphate and sulphuric acid, becoming a leading figure in the Italian chemical and industrial sector.

The company was active in the field of pharmaceuticals until the end of the 80s, an era in which it then entered the market of perfumes, cosmetics and organic food products, eventually leaving the original sector of business with the sale of the rights and patents on the pharmaceutical products.

Kinexia SpA is the new name of the Schiapparelli Group 1824, bought at the end of 2008 and then expanded  with its entry  in the renewable energy sector. The reference shareholder of the new group is Allea SpA, a company whose management has a proven track record in the development and valorization of renewable energy.

The increasing harnessing of non fossil resources for the production of energy is today considered a high priority  objective for all governments. The ultimate  aim is to encourage  a more sustainable use of resources , to   diversify these resources thereby  increasing the safety of the supply and to reduce greenhouse gas emissions as well as polluting factors linked to the production of energy from fossil resources.

Kinexia’s market  is an expanding market.

The company believes in the principle of sustainable development , that is in the research of a balance  between the use of natural resources and economic growth. For this, alongside its traditional economic reports , Kinexia pays particular attention to the reports of the social and environmental dimensions of  company management in both quantitative and qualitative terms.

Kinexias vision is to make it possible to create sustainable value providing  the management of the undertaking follows 3 solid directives- namely economic / financial, social and environmental – all based on a healthy and transparent corporate governance.

The activities  in the energy field are concentrated within the sub-holding Volteo Energie, whose aim is to coordinate the development , construction and management of projects in the field of renewable energy. Volteo Energia controls:

Volter Solar: active in the provision of  both small and medium- sized photovoltaic plants ‘ all inclusive ‘

Bioelektra : active in the sector of management of plants which exploit the biogas captured in landfill waste  in order to  produce  energy. It produces, and commercialises electric energy.

Gaon:  active also through dedicated companies in the development of projects in the field of renewable energy.

The traditional businesses of Kinexia , that is those  directly purchased by the pre-existing Group Schiapparelli 1824, are conducted  through the following companies:

The First SpA : active in the creation , development and sale of alcohol- based perfumes, cosmetics and personal hygiene products under the names of Pikenz the First and Arrogance as well as through licensing contracts with Italian designer names.

Nutritional Srl : active in the development and distribution of organic food products and supplements through large distribution channels and organised distribution mainly with  brands such as Evita and Quid.