Borsa Italiana welcomes Technogym to Main Market

TechnoGym joins Borsa Italiana MTS

  • €162 million raised at IPO
  • 2nd debut on MTA market in 2016

On 2nd May 2016, Borsa Italiana welcomed Technogym to the Main Market (MTA). Founded in 1983, Technogym is a world leading company in the fitness and wellness solution sector. The company has over 2,000 employees worldwide with 14 subsidiaries in Europe, USA, Asia, Middle East, Australia and South America. The company exports its products to over 100 countries globally.

Technogym has raised €162.5 million, giving it a market capitalization of around €650 million.

Mediobanca is the lead sponsor and responsible for the public offer. Global offer coordinators and joint bookrunners were Mediobanca, Goldman Sachs and J.P. Morgan. Nextam acted as a co-lead manager.

Raffaele Jerusalmi, CEO of Borsa Italiana, said:

“We are delighted to welcome Technogym to the Main Market, the first company of its type to list on Borsa Italiana. Technogym is not just a fitness machinery producer and an official supplier of the Olympic Games since Sydney 2000 to Rio 2016, but has also become a synonym for wellness in the broadest sense of the word.

We are proud that such a leading and innovative company, has chosen Borsa Italiana to support its growth and to achieve ambitious goals.” 

For further information, please contact:

Oriana Pagano
+39 02 7242 6360
media.relations@borsaitaliana.it

> View the full image gallery here

A group of Olympic medal winners and footballers supporting Technogym 

From top left

  • Gianluca Zambrotta, former Italian footballer, won 98 caps for the Italian national team and 2 consecutive Series A titles
  • David Trezeguet, former footballer , winner of 1998 World Cup in France
  • Giuliano Razzoli, Italian World Cup alpine ski racer and Olympic gold medalist at the 2010 Winter Olympics in Vancouver
  • Giovanni Malagò, President of the Italian National Olympic Committee (CONI) 
  • Flavia Pennetta, Grand Slam single Championship, 2015 US Open
  • Alessandra Sensini, Italian windsurfer, 4 time Olympian, Gold medal Olympic Games Sidney 2000
  • Massimiliano Rosolino, former Italian swimmer, world champion in the 200 m individual medley, he won a total of 60 medals
  • Davide Cassani, former road cyclist and cycling commentator on Italian television. Now manager for Italy National Cycling team 
  • Clemente Russo, Italian boxer, gold medal at heavyweight
  • Daniele Massaro, former Italian forward footballer, highly successful career with A.C.Milan
  • Antonio Rossi, former Italian sprint canoer, he won five medals which included three golds.
  • Juri Chechi, Italian gymnast (rings), Gold medal Olympic Games Atlanta 1996
  • Nerio Alessandri, Founder and Chairman of Technogym
  • Peter Fill, World Cup alpine ski racer
  • Demetrio Albertini, former professional Italian football midfielder, gold medal 1992 UEFA European Under -21 Championship
  • Giorgio Rocca, Alpine skier who won 5 Alpine Skiing World Cup slaloms in a row