Transaction details

Ethica Group with CO.FER.M. S.p.A. financial structure restructuring

Ethica Group, through the Debt Advisory team, assisted CO.FER.M., a company active in trading, processing, transformation, recovery and recycling of metal scrap, with expertise in noble alloys such as steel and titanium, in the structuring of a BPER bank loan, partially backed by Sace.

Founded in Jesi almost 50 years ago, CO.FER.M. is one of the leading Italian companies operating in the trading, processing and transformation of metal scrap, with expertise in noble alloys such as steel and titanium, used in today’s strategic sectors such as aerospace and automotive electrical. CO.FER.M., with a turnover of over €60 million, also contributes to the circularity of the system through recovery, recycling and re-entry of waste into a new production cycle, in the form of renewed raw materials.

The rebalancing, given by the transaction signed with BPER, will allow to give “greater breathing space” in the short and medium term, promoting growth with the aim of supporting operations with consequent concrete results over the next three years.

Press area