Mirato Group
Mirato Group is a leading Italian producer and distributor of toiletry products. The group has a diversified portfolio of 20 brands and through its subsidiary Mil 76 is the Italian leader in private label for the main large distribution chains. The group sells its products in more than 60 countries, through its subsidiaries based in Eastern Europe and Asia, as well as through local companies and distributors. With a workforce of about 450 people, Mirato operates through three fully integrated production facilities with a total covered surface of about 80,000 sqm located in the North of Italy.
15.8%
Ownership
2013
Investment year
Registered office
Landiona, Italy
Landiona, Italy
Business Sector
Others
Others
“Leading company in the Italian hygiene and beauty market.”
Investment thesis
Our investment thesis is built on several attractive attributes:
- Stable long-term trends in the cosmetics sector
- Sound financial performance supported by stable and solid market shares in all segments
- Experienced and sound track record of the management team
- Recognized manufacturing expertise
- Limited downside risk with resiliency to economic downturns
- Potential to achieve inorganic growth through M&A activity
Achievements
- International expansion in Asia and North Africa
- Strong deleveraging
- Several asset deals performed since acquisition (both increasing market shares and augmenting the product range)