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Made In Italy in the world


In an economic situation, where Italy is increasingly facing takeover bids by foreign companies, the growth  of Made in Italy continues abroad, with 241 acquisitions of foreign companies up to a value of about 23 billion euro, since 2009.

However, this result doesn’t compare to the ones achieved by foreign companies in Italy, which since 2009 bought 363 Italian companies for 47 billion Euros; nevertheless it’s a positive sign for Made in Italy achievements abroad.

According to a study by KPMG, Italian companies investments performance abroad remained stable over the last four years, while foreign companies in Italy saw their investment grow yearly up to an average of € 15.3 billion, since 2000.

“We pay for the crisis, but Italian industrial fabric is largely made of small companies that have not been able to make a quality step forward, as others  did – said Maurizio Dallocchio, Professor of Corporate Finance at Bocconi University – Our companies were pampered with the idea that small is beautiful, but in the global market this equation doesn’t work.  Without a change of mind-set by our business companies and without a labour law not inhibiting companies overcoming the threshold of 15 employees, it will be difficult to reverse the trend”.

There are still positive activities of some large Italian companies, such as Eni, Campari, Luxottica, Amplifon and Autogrill, investing in an effective and important way by acquiring various companies (10 in the case of Eni) in very competitive countries such as the United States, United Kingdom and Canada.

Investments are changing: until a few years ago three sectors, energy, finance and manufacturing, were the main players in large operations, now we are faced with medium-sized companies pursuing this kind of operations, which, however, are confronted with the force of much greater foreign multinationals.

Posted in Featured, Internationalization of Business