Ethica Debt Advisory advised the Management of the Sipcam-Oxon Group in structuring a loan agreement signed by Banca IMI, Cassa Depositi e Prestiti, BNL and Crédit Agricole in support of the investments needed for the development of the Group. The loan is composed by a refinancing facility, a capex line and a revolving credit facility.
Created from the merge of Sipcam S.p.A and Oxon Italia S.p.A, two legal entities founded by Gagliardini and Ciocca families, Sipcam-Oxon Group is specialized in the synthesis, formulation and commercialization of active ingredients and chemical intermediates for crop protection. Today Sipcam-Oxon is leader in Italy and among the first 20 global players, developing its direct presence in European and Extra-European countries. In 2018 the Group reported consolidated revenues of € 503 million.