Koinos Capital SGR, through the Fund Koinos Uno as lead investor, and HAT SGR, through the Fund HAT Technology & Innovation, announce the closing of the acquisition of a majority stake in Platum, for a value of approximately 57 million euros.
Founded in Calderara di Reno (Bologna) in 1977 by Emanuele Summa and Viviano Vece for the distribution of music and video, Platum has gradually become a point of reference in the world of urban electric mobility thanks to its e-mobility division. Currently the Group, led by Alessandro Summa, is focused on the development of projects for sustainable urban mobility, producing e-scooters and e-bikes in collaboration with the main players in the automotive sector. Sustainability and Italian design are the guidelines of the company’s vision, whose proposal includes the Argento by Pininfarina brand and urban electric mobility lines developed in collaboration with Ducati, Aprilia, Lamborghini, Jeep, Alfa Romeo, Lancia and VR46, Valentino Rossi’s brand created for the competition market.
The offer, characterized by Italian know-how that has made quality, design and technological innovation its strengths, has allowed the e-mobility division to become the cornerstone of the Group, with a growth that has gone from revenues of 35 million euros in 2020 to about 60 million euros in 2021 and e 100 million euros expected in 2022. The name Platum, which means PLATform for Urban e-Mobility, underlines its commitment to the challenges of the new urban mobility.
Alessandro Summa says: “Platum is today a leading company in the European urban electric mobility market with a 20% share for e-scooters in Italy and leadership in e-bikes in the consumer electronic retail channel. Foreign markets such as France, Spain, UK, Benelux, Poland, Turkey, Middle East, Australia, today represent about 50% of revenues, but we hope that in 3 years exports will represent 70% of revenues “.
Beppe Fumagalli, Chairman of Koinos Capital, adds “we are excited about this second deal after the acquisition of Tre Zeta, Italian leader in the luxury footwear soles sector. With Platum, we are investing in the dynamic and fast-growing electric mobility sector. Alessandro Summa’s entrepreneurial skills are perfectly integrated with the strong managerial skills of Semmy Levit and Michele Piagnani that I have had the opportunity to appreciate in other industrial initiatives. We strongly believe in the potential of Platum also in light of the sustainable electric mobility projects that are taking place throughout Europe, radically changing the paradigm of urban transportation”.
Nino Attanasio, President of HAT, declares: “We are particularly proud to have invested in Platum, an excellence in electric urban micro-mobility. Such innovative projects fit perfectly with the strategy of our thematic fund HAT Technology & Innovation.” Ignazio Castiglioni, CEO of HAT, concludes: “We are confident that this transaction, the seventh of the fund, will generate significant value for our investors thanks to Platum’s distinctive factors as well as for the high-potential market in which it operates and the strong focus on sustainability aspects with positive impacts on urban decongestion and reduction of traffic, noise and pollution.”