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Azimut to acquire remaining 45% stake in Futurimpresa

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Azimut to acquire remaining 45% stake in Futurimpresa

Azimut Holding SpA finalized an agreement to buy the 45% of Futurimpresa SGR SpA that it does not own for a €2 million cash-out.

Azimut, which acquired 55% of the alternatives-focused investment manager in 2015, said the buyout is part of its decision to start direct investment in small and medium-sized enterprises. The agreement was signed with the chambers of commerce of the Italian cities of Milan, Bergamo, Brescia and Como, which founded Futureimpresa.