SECO’S BOARD OF DIRECTORS CALLS AN EXTRAORDINARY GENERAL MEETING AND SETS IN MOTION ITS PLANS FOR PUBLIC OFFERING (IPO)

Marco Parisi appointed as the company’s Investor Relations Manager

 

Arezzo – 9 February 2021 – The board of directors of SECO SPA, founded in 1979 by Daniele Conti and Luciano Secciani, a leader in the sectors of technological innovation and IoT software solutions and an investee of Fondo Italiano Tecnologia e Crescita,  has decided to move forward with its plans to go public on the Mercato Telematico Azionario organized and managed by Borsa Italiana (“MTA”), potentially as part of that market’s Star Segment, and has called a shareholders’ meeting this coming March 1st to take the necessary formal steps, after which the process will officially begin.

SECO will be assisted by Marco Greco’s Value Track as Financial Advisor and in its business plan, and by Goldman Sachs and Mediobanca as Joint Global Coordinators, with Mediobanca also acting as sponsor. SECO will also have the legal support of the firms Gatti Pavesi Bianchi and White & Case, while Deloitte will oversee aspects related to auditing, KPMG will provide the necessary comfort letters, and Auro Palomba’s Community Group will act as Communications Advisor.

SECO’s board of directors has also appointed Marco Parisi as Investor Relations Manager.

Marco Parisi takes on this role at SECO following his arrival over a year ago as Business Manager. Parisi has worked as a consultant at Deloitte Financial Advisory, and has a degree in Economics and Finance at the University of Padua.

 

Massimo Mauri e Marco Parisi

 

Massimo Mauri, SECO SpA’s CEO, stated “By going public, we aim to raise the financial resources to further accelerate our growth and reinforce our international presence. Over the course of 2020 we worked on the evolution of our business model and, thanks in part to the acquisitions of Ispirata and Hopenly and their integration -  finalized with the creation of SECO Mind - we have become a strategic partner in businesses’ IoT-based digital transformation and have laid solid foundations for future development.”

SECO recently announced the creation of SECO Mind, a division that integrates the Group’s extensive expertise in the fields of artificial intelligence, IoT and data orchestration. With SECO Mind, AI will be within every company’s reach, thanks to the launch of the Clea suite that gathers data onsite, transfers it to the cloud, and makes it usable through real-time analysis to provide information that makes the difference in business processes. 


SECO 
SECO is a center of excellence in the field of technological innovation and integration. For over forty years, the company has designed and produced solutions ranging from the single microcomputer to integrated systems and software platforms, consolidating its role as a strategic partner in the digital transformation and IoT evolution of businesses in Italy and abroad. With over 380 employees and a turnover, as of December 31, 2019, of €66.5 million, SECO supplies a variety of industrial sectors including healthcare, industrial automation, logistics and transportation, and numbers among its customers market leaders such as Cimbali, Esaote, Evoca and Technogym. SECO is one of the founders of the international computer miniaturization standard Qseven® and collaborates regularly with universities, research centers, and innovative start-ups. SECO operates on a global scale with offices in Italy, Germany, the US, India and Taiwan. SECO is an investee of Fondo Italiano Tecnologia e Crescita, managed by Fondo Italiano d'Investimento SGR.

For more information: www.seco.com

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Contacts:
SECO SpA
Simona Agostinelli
Marketing Communications Director
Ph. +39.0575.26979
simona.agostinelli@seco.com

 

COMMUNITY COMMUNICATIONS ADVISERS
Ph. +39.3357357146
seco@communitygroup.it

 

 

 

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