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February 13, 2016 10:58 AM ET

Specialty Retail

Company Overview of Gruppo Coin SpA

Company Overview

Gruppo Coin SpA offers apparel retail services. It provides apparel for men, women, and kids. The company markets its products under coincasa, LDA, IANA, KOAN, ANISETTE, and eat's brand names. Gruppo Coin SpA was founded in 1916 and is based in Mestre, Italy.

Via Terraglio 17

Mestre, VE 30174

Italy

Founded in 1916

9,498 Employees

Phone:

39 0412 39 80 00

Fax:

39 041 982722

Key Executives for Gruppo Coin SpA

Chief Executive Officer, Managing Director, and Director
Chief Financial Officer
Age: 67
Compensation as of Fiscal Year 2015.

Gruppo Coin SpA Key Developments

Oviesse To Reportedly List

Gruppo Coin SpA, Lazard Ltd. (NYSE:LAZ), Banca IMI S.p.A., Merrill Lynch & Co., Inc., The Goldman Sachs Group, Inc. (NYSE:GS) and UniCredit S.p.A. (BIT:UCG) met around Christmas to discuss again the plans for floating Oviesse S.p.A., MF-Milano Finanza reported quoting sources close to Gruppo Coin SpA. Gruppo Coin SpA will sell 20-25% of its stake and a capital increase open to Italian and foreign investors of $301.1 million. In total, some 35-40% of Oviesse S.p.A.'s shares will end up on the Milan stock market. The possible floatation is expected to take place as early as in the spring, or by the end of June 2015 at the latest.

Gruppo Coin Eyeing IPO Of Oviesse

Plans by Oviesse S.p.A (‘OVS’) for a public listing are soon to become a reality. Stefano Beraldo, Chief Executive Officer of Gruppo Coin SpA, the parent of IVS, said, "Exactly how much of OVS will be listed has yet to be decided but it would be at least 30%, probably even a little more. It should be spun off from the group, which also controls department stores Coin and Excelsior, by September 2014 and listed by the end of the year."

Gruppo Coin Eyeing IPO Of UPIM And Oviesse

Gruppo Coin SpA is “evaluating” the possibility of spinning off the group’s UPIM srl and Oviesse S.p.A. for a public listing.

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