Milan – July 5th, 2021
Tagos S.r.l. is an Italian system house specialized in the production of two-component liquid systems for the production of polyurethanes, polyisocyanurates and polyureas. The company – established in 1965 and based in Busto Arsizio, Italy – was sold to PLIXXENT Holding GmbH (“PLIXXENT”), one of the major European groups in polyurethane-based technologies.
Marco and Daniele Monzeglio, historical partners in Tagos, will serve on the board of the company to manage PLIXXENT’s development project within the Italian territory (a link to the press release issued by PLIXXENT can be found here).
Equity Factory assisted the shareholders of Tagos in carrying out the strategic operation.
This is the third success achieved by Equity Factory in the province of Varese in the last year: Tagos follows the recent financial transactions concluded by LASI S.p.A. (capital increase and bond issue) and the sale of So.Pr.Ad. S.r.l. – a manufacturer of adhesive protective films based in Travedona-Monate – to Pregis Group.
In the transaction, the sellers were assisted by the lawyers of Studio Bonomi Villa Caputo e Associati, Varese, while PLIXXENT entrusted the due diligence to the lawyers of Pavia and Ansaldo (who also followed all the contractual aspects) and to Spada & Partners (financial and tax).