Companies with strategic M&A operations have been able to create value and grow in size by gaining leadership positions in global markets.
This is what emerged from the XVI edition of the M&A Award, which was broadcast live on Class CNBC on Thursday 17th September 2020, through an initiative promoted by KPMG and Fineurop, in collaboration with AIFI and Bocconi University, which focuses on enhancing entrepreneurial stories and industrial projects in which M&A serves as an accelerator for growth.
In this frame, Bracco Imaging was awarded for having successfully executed the best 'Italy Overseas' operation in 2019, with the acquisition of the UK company Blue Earth Diagnostics for 428 million euros.
The M&A Award Jury, coordinated by Massimo Tononi, President of Banco BPM, wrote in the motivation: "we wanted to reward the Bracco Group's entrepreneurial courage and the strong industrial value that the operation represents as an expression of Italian excellence in the world".
This award additionally represents an opportunity for dialogue between the worlds of finance and industry in the conviction that it is necessary to increasingly strengthen the link between these two sectors, fostering their mutual know-how.
Watch the interview of Fulvio Renoldi Bracco, CEO at Bracco Imaging S.p.A.
