Magis S.p.A. lists on Euronext Growth Milan 

Dec 22 2022 - 12:31
• 24th listing of 2022 on Euronext Growth Milan 
• Magis S.p.A. brings the total number of companies listed on Euronext Growth Milan to 188
• 81st  listing on Euronext in 2022
• Total placement volume of the offering equal to €16 million

Milan – 22 December 2022 – Borsa Italiana, part of the Euronext Group, today congratulates Magis S.p.A. on its listing on Euronext Growth Milan.

Magis S.p.A. operates in the production of customised adhesive tapes, packaging products and closure systems for disposable nappies and adult incontinence products. Magis S.p.A. was one of the first companies in the sector to carry out hot melt coating on polypropylene, and the first ever to experiment with forms of protected printing between the plastic support and the adhesive mass.
Magis S.p.A. represents the 24th 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 Euronext Growth Milan to 188.

In the placement phase, Magis S.p.A. raised €16 million. 

Marco Marzi, Chairman and Founder of Magis S.p.A., said: “The listing on Euronext Growth Milan is an important milestone for our company’s growth. It will be a starting point for the second generation, who will be able to strengthen all the work done until now and carry on new projects to develop. The capital raised will allow us to continue the growth path that we began a few years ago. A special word of thanks goes to everyone  who put their trust in us, primarily to investors and all those who joined us on this important path.”

Mattia Blengini, CEO of Magis S.p.A., commented: “We are proud to introduce Magis to the financial community. We intend to use the proceeds of this operation for our consolidation plan aimed at growth, aware of our company’s strengths such as a cohesive team that has been able to reach important and ambitious goals over the years. Our focus has always been innovation, with special investments in latest-generation machines and eco-friendly products. The listing will allow us to speed up and strengthen the development of our projects, through a growth process by acquisitions.”

Simone Strocchi, Founder & Managing Partner of Electa Ventures, said: “We’re proud to bring a new company to the market, as successfully done already with other firms such as Sesa, Italian Wine Brands, PharmaNutra and Digital Value, a company with an Italian excellence amongst the best expressions of specialisations developed from a long tradition of the chemical industry in our country. A European leader in customised adhesive tapes and closure systems, with a determined attitude to product innovation, backed by numerous patents and know-how, and that cares about ESG issues. Our aim is to maintain and speed up the growth process also through further aggregations. Magis enters the market with our specific investment and pre-book operation, bringing our skills and experience in order to build a new balanced and attractive meeting point between the real economy and a first-rate investor ecosystem.

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