Company:Interpump Group
| Type | Limited company (Borsa Italiana) | ||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Short description: Italian stock exchange
Borsa Italiana S.p.A., based in Milan, is Italy's only stock exchange. It manages and organises domestic market, regulating procedures for admission and listing of companies and intermediaries and supervising disclosures for listed companies.[2] Following exchange privatisation in 1997, the Company was established and became effective since 2 January 1998.[3] It is now a subsidiary of the London Stock Exchange Group plc since 23 June 2007.[4] In 2015, overall capitalisation for listed company on Borsa Italiana was worth €567.2 billion, representing 34.8% of Italian GDP.[5] Borsa Italiana is also informally known as Piazza Affari ("Business Square"), after the city square of Milan where its headquarters (the Palazzo Mezzanotte building) is located. Borsa Italiana is chaired by Andrea Sironi, and Raffaele Jerusalmi is the CEO. They are both directors of the London Stock Exchange Group.[6] Borsa Italiana is regulated by the Commissione Nazionale per le Società e la Borsa (CONSOB), an agency of the Ministry of Economy and Finance, based in Rome. HistoryThe Borsa di commercio di Milano (Milan Stock Exchange) was established by Eugène de Beauharnais, viceroy of the Napoleonic Kingdom of Italy, through decrees dated 16 January and 6 February 1808.[7] It operated under public ownership until 1998, when it was privatized.[8] In 1997, all the Italian stocks were merged. Before of this year other smaller stocks exchanges based in Naples, Turin, Trieste, Venice, Genoa, Florence, Bologna, Rome, and Palermo. In 1991 the electronic exchanges were approved and in 1994 the market with grida (A,B,C) was abolished. In Milan were also the currencies exchange rates fixing and the commodities fixing.[9] On 1 October 2007, Borsa Italiana was merged with the London Stock Exchange in an all-share takeover,[10] thus becoming part of the London Stock Exchange Group. In March 2016, the London Stock Exchange Group announced the agreement to merge in an all-stock deal with Deutsche Borse, but was subsequently blocked by the EU Competition Regulator.[11] OperationsBorsa Italiana acts as a market management firm operating with autonomy and flexibility. It organises and manages the domestic stock market along with Italian and international brokers through fully electronic trading system. Among its leading tasks, Borsa Italiana supervises listed companies, defining rules for admission and listings and supervising transaction activities.[12] Trading hoursMarketsMajor trading markets for Borsa Italiana are:
Borsa Italiana also include markets for derivatives (IDEM),[17] ETF (ETFPlus) and bonds (MOT).[18] IndicesBorsa Italiana's main indices are:[19]
Listed companiesSee also
ReferencesNotes
External links
FTSE MIB | |||||||||||||||||||||||||||
| ISIN | IT0001078911 | ||||||||||||||||||||||||||
| Industry | Industrial Machinery | ||||||||||||||||||||||||||
| Founded | Sant'Ilario d'Enza (Script error: No such module "Date time".) | ||||||||||||||||||||||||||
| Founder | Fulvio Montipò | ||||||||||||||||||||||||||
| Headquarters | Sant'Ilario d'Enza , Italy | ||||||||||||||||||||||||||
Area served | Worldwide | ||||||||||||||||||||||||||
Key people |
| ||||||||||||||||||||||||||
| Products |
| ||||||||||||||||||||||||||
| €1086.5 million[1] | |||||||||||||||||||||||||||
| €135.7 million[1] | |||||||||||||||||||||||||||
Number of employees | 5696 | ||||||||||||||||||||||||||
| Website | interpumpgroup | ||||||||||||||||||||||||||
Interpump Group S.p.A. is an Italian company specialized in the production of high and very high pressure water pumps and one of the world's leading groups in the hydraulic sector.[2][3]
It is listed in the FTSE Italia Mid Cap and FTSE Italia STAR index of the Borsa Italiana.[4]
History
The company was founded in 1977 in the province of Reggio Emilia, in Sant'Ilario d'Enza. Initially production was linked to high pressure pumps and pistons characterized by small dimensions and new type materials that led the company to hold 50% of the market in a few years.[5]
Since the 90s it has begun to expand the areas of interest by acquiring other companies in the sector of professional cleaning machines and electric motors.
In 1996 it was listed on the stock exchange and from the following year it began to enter the hydraulic sector with targeted acquisitions of companies in the sector.
In 2005 the branch relating to professional cleaning machines was sold following a repositioning in the most technological sectors.
Group companies
- Water sector: Interpump Group S.p.A. (Bertoli; Pratissoli Pompe); General Pump Inc.; Hammelmann G.m.b.H.; Inoxihp S.r.l.; Inoxpa S.A.; NLB Corporation Inc.
- Hydraulic sector: Walvoil S.p.A. (Galtech; Hydrocontrol); Avi S.r.l.; Contarini S.r.l.; American Mobile Power Inc.; Hydroven S.r.l.; I.M.M. Hydraulics S.p.A.; Interpump Hydraulics S.p.A. (HS Penta; Hydrocar; Modenflex Hydraulics; PZB); Mega Pacific New Zealand; Mega Pacific Pty Ltd; Muncie Power Products, Inc.; Oleodinamica Panni S.r.l. (Cover); Takarada Industria e Comercio lta; Teknotubi S.r.l.; Tubiflex S.p.A.
Manufacturing sites
Interpump is present in the following countries with at least one of the companies in the group:
- America: Canada, US, Brazil, Chile
- Europe: Italy, France, Spain,[6] England, (Germany), Romania, Bulgaria
- Africa: South Africa
- Asia: United Arab Emirates, China, India, South Korea
- Oceania: Australia, New Zealand
External links
References
- ↑ 1.0 1.1 "Interpump, le vendite superano il miliardo di euro" (in Italian). reggionline.com. http://www.reggionline.com/interpump-le-vendite-superano-miliardo-euro/.
- ↑ "Interpump" (in Italian). capitalnumeriuno.it. http://capitalnumeriuno.it/it/i-numeri-uno/interpump-201601311310339719.
- ↑ "World leader with 50% of the hydraulic pump market" (in Italian). repubblica.it, 30 September 2013. http://www.repubblica.it/economia/affari-e-finanza/2013/09/30/news/leader_mondiale_con_il_50_del_mercato_delle_pompe_idrauliche-67555612/.
- ↑ "Quotazioni Interpomp Group" (in Italian). ilsole24ore.com. http://finanza-mercati.ilsole24ore.com/quotazioni.php?QUOTE=!IP.MI&refresh_ce.
- ↑ "Premiata Interpump" (in Italian). ilsole24ore.com, 21 novembre 2013. http://mobile.ilsole24ore.com/solemobile/main/art//2013-11-21/imprese-premiato-interpump-group-064910.shtml?uuid=ABy2tbe.
- ↑ "Bombas Interpump, Completas y Recambios. Mejor precio online." (in es-ES). https://elite-autolavado.com/categoria-producto/maquinaria-elite/bombas-y-repuestos/bombas-interpump.

