Global Capital Markets

Rossopomodoro, the Italian pizza chain, is looking to IPO on London’s AIM by 2009, Milano Finanza reported. The report cited Roberto Imperatrice, Rossopomodoro’s chief executive. The report noted that Imperatrice holds a 14.7% stake in Rossopomodoro, Giuseppe Montella 29.6% and Franco Manna 29.6%. The remaining 26.05% is held by the Quadriva fund. The report noted that Rossopomodoro is the trading name of Vesevo, the parent company. The report cited Imperatrice as saying that Quadriva’s entry into Rossopomodoro gave the opportunity to the pizza chain to list. Imperatrice said that the initial idea had been to list on the Italian stock exchange but that Rossopomodoro would now list on AIM. The report noted that Rossopomodoro is hoping for a capitalisation of EUR 80-90m.

Source Milano Finanza daily edition