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Investments & divestments

The following is a list of main transactions, including acquisitions, joint-venture agreements and capital increases, carried out by CIR and its main subsidiaries  over the last ten years.  
TransactionDateAmount € (mio)CompanySubjectPress release
AcquisitionAugust 1 201620CIRCIR increases its stake in KOS CIR and F2i: Bahrain sovereign wealth fund invests in KOS
CIR and F2i complete the purchase of 46.7% of KOS from Ardian
SaleNovember 26 201564.1CIRSale of SEG - Swiss Education GroupCIR: sale of interest in SEG (Swiss Education Group) for € 64.1 mln completed
SaleMarch 27 2015--CIRSale of SorgeniaCIR: completes its exit from Sorgenia
SaleJanuary 22 201517EspressoSale of Deejay TVAgreement reached by Gruppo Espresso and Discovery Italia
MergerJune 30 2014n.a.Espresso Merger of TIMB (Telecom) and Rete AEspresso: PERSIDERA, the leading independent network operator in Italy, established
AcquisitionFebruary 11 2013n.a.EspressoAcquisition of 51% of MYmovies.itGruppo Espresso Takes Over 51% of MYmovies.it 
SaleJune 14 201277 $Sorgenia Sale of Orlando Oil Field to Iona Energy GroupSorgenia E&P to sell UK exploration license for over 77 million dollars
Joint-ventureJanuary 19 2012n.a.EspressoJoint-venture for Huffington Post Italia start-upEspresso Group - Huffington Post Media Group agreement
Joint-ventureSeptember 8 2011236SorgeniaJoint-venture with KKR for wind energy sector in FranceSorgenia Green and KKR: finalization of joint venture for wind power generation in France
AcquisitionAugust 201128CIRAcquisition of 20% of SEG- Swiss Education GroupCIR group results for the first nine months of 2011
SaleAugust 4 201198SorgeniaSale of 13 solar plants in Italy to Terra Firma GroupSorgenia Solar: agreement finalized with Terra Firma for photovoltaic assets
Acquisition  July 29 2011  150Sogefi  Acquisition of Mark IV Systèmes Moteurs  Sogefi (CIR group) completes acquisition of Mark IV Systèmes Moteurs
Capital increase/acquisition of minority interestsDecember 23 2010112.5KOSAXA Private Equity entry into KOS capitalKOS (CIR group): entry finalized of Axa Private Equity into the company’s capital
Joint-ventureSeptember 2 20102SogefiSogefi joint-venture with Imperial AutoSogefi and Imperial Auto: joint-venture agreement signed for Indian market
AcquisitionMarch 3 2010n.a.KOSAcquisition of two nursing homesKOS (CIR group): Two new acquisitions in Lombardy. More than 5,500 beds now in operation
AcquisitionJanuary 28 201018KOSAcquisition of Sanatrix GroupKOS (CIR Group): new acquisition in the Marche region, more than 5,200 beds now operational
Capital increaseJune 25 2009150SorgeniaSorgenia: Verbund subscribes capital increas SORGENIA: agreement reached for a capital increase of 200 million euro in 2008 and a further increase of 150 million in 2009
Sorgenia (CIR Group): Verbund completes capital increase of 150 million euro
Joint-ventureApril 8 20093.1$m SorgeniaSorgenia enters E&P joint-ventureSorgenia (CIR Group) enters E&P joint-venture in Bulgaria with 30% stake
AcquisitionOctober 6 2008n.a.HSSAcquisition of Centro Cardinal FerrariHSS-Holding Sanità e Servizi acquires Centro Cardinal Ferrari rehabilitation Hospital
Capital increaseJune 25 200840HSSCIR and Morgan Stanley funds subscribe capital increaseHSS: Cir and Morgan Stanley subscribe the capital increase
Capital increaseJune 26 2008200SorgeniaSorgenia: Verbund subscribes capital increaseSORGENIA: Verbund subscribes capital increase and bond loan
SORGENIA: agreement reached for a capital increase of 200 million euro in 2008 and a further increase of 150 million in 2009
AcquisitionDecember 19 2007246,1SorgeniaSORGENIA: acquisition of Société Francaise d'EoliennesSORGENIA: completion of SFE acquisition
With the award of Société Française d’Eoliennes, number two wind operator in France, SORGENIA (CIR Group) expands into Europe and grows significantly in the renewable energy sector
Capital increaseSeptember 24 200759,5SorgeniaSORGENIA: increase of control in Energia Italiana Sorgenia (CIR Group) stake in Energia Italiana rises to 78% and Banca MPS acquires 1.21% of Sorgenia
AcquisitionJuly 23 200762HSSHSS acquires S. Stefano GroupClosing of the acquisition of S. Stefano by HSS (CIR Group)
HOLDING SANITA' E SERVIZI signs contract for the acquisition of 100% of the S. Stefano Group. The shareholders of S. Stefano will acquire 11.5% of HSS
Capital increaseApril 7 200716,3HSSHSS: Morgan Stanley acquires a stake in HSSMorgan Stanley funds to have 10% of Holding Sanità e Servizi (CIR Group)
AcquisitionJanuary 9 2007100CIRCIR investment in Oakwood Financial InvestmentsCIR invests with Merrill Lynch in Oakwood Financial Investments
CIR reaches an agreement with Merril Lynch to invest in Oakwood Financial Investments
AcquisitionJune 7 200660HSSHSS-acquisition of Anni AzzuriiHolding Sanità e Servizi (CIR Group) acquires Anni Azzurri
HSS-HOLDING SANITA' E SERVIZI signs preliminary contract for the acquisition of Anni Azzurri