The name Bolaffi is ninth for stamps, but in reality it also deals with other motorbikes, from coins to the real estate sector, and now Bolaffi SpA becomes a shareholder of CONFINVEST (CFV.MI), a company listed on AIM Italia and specialized in trading of physical investment gold. An agreement with Luciano Avanzini and Sovereign Srl will lead Bolaffi to hold a 17.53% stake in CONFINVEST.
Luciano Avanzini and Sovereign Srl will continue to hold a stake (respectively) of 2.16% and 1.51%.
Filippo Bolaffi, CEO of Bolaffi SpA: “The entry into the capital of the most historic and important Italian operator in the physical investment gold trade is a further step forward for our growth in this sector, which we already manage with the subsidiary Bolaffi Metalli Preziosi SpA Ours is a long-term investment and confirms how much physical gold has in effect become another pillar of our centenary history in the world of collecting ”.
Bolaffi SpA was assisted by Broletto Corporate Advisory for the financial part and by Nctm for the legal part.