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An international network of independent professional
accounting firms and business advisers
Sharing opportunities
HLB International
Asia Pacific Regional Conference
Bali, Indonesia- June 26-28, 2013
Francesco Marconi
HLB Noda - Studio Associato De Vecchi - Milan - Italy
Sharing opportunities
Networking
Opportunities
Contacts
Common interests
Meet and greet
Share strategies
Share ideas !!!!!
Sharing opportunities
South Eastern and
Arabic investments in
Italy are increasing,
targeting the acquisition
of brands in key Italian
sectors as fashion, food,
winery, IT- and techno-
logical capabilities.
The Marco Polo Effect
Foreign Direct Investment
Source: Reuters
Erick Thohir (Indonesia): businessman from Jakarta and
co-owner of Atra International, interested in buying the
Italian soccer team Inter.
Attractive Italy: acquisitions
Shandong Heavy Industry Group
(China): Ferret Group; yacht
producer
(acquisition supported by HLB firm
in Rimini).
Li & Fung (China): Cerruti 1881;
fashion label.
Hembly (China): Sergio Tacchini;
sport brand.
Attractive Italy: acquisitions
Samsung (Korea)/ Cheil Industries Inc. (textile):
Colombo via della Spiga; high-end leather
goods, Giuseppe Zanotti; shoes.
LG, division LG Fashion (Korea):
Allegri; outwear.
Attractive Italy: acquisitions
E.Land (Korea): Lario; footwear group, owner of brands as
which Sutor Mantellassi, Lorenzo Banfi, Mandarina Duck
(bags), Coccinelle (leather goods).
Onward Holdings (Japan): Gibò; the Tuscan textile company,
which develops the licensed collections for Michael Kors
(woman), Paul Smith (woman), John Galliano (man and woman),
Roberto Cavalli (man) Antonio Berardi (woman), Rochas
(woman), Veronique Branquinho (woman) and shoes for Chloe,
Marc Jacobs, Michael Kors, Veronique Branquinho, Rochas, Nina
Ricci and Jil Sander.
Attractive Italy: acquisitions
Mubadala (United Arab Emirates): shares in
Ferrari, Piaggio Aircraft and Poltrona Frau.
Qatar Holding (Qatar): great interest in Versace;
already owning the UK department store Harrods.
Attractive Italy: acquisitions
Italian industrial clusters
The last 15 years have seen a progressive and marked
growth in the number of clusters, favoured by national
and regional legislation and by the average small size of
Italian companies, which pushes them to create organic
and geographically close conglomerates of players
within the same supply chain/industry.
Italian industrial clusters
The Italian 3 F
We breath beauty growing up around beautiful monuments and
learning from handicrafts.
For many respects the Italian economic system is an
Experience Economy ante litteram.
Experiencing excellence
TOURISM
With more than 33,000 hotels and 400,000 employees, the tourism sector
is one of the driving forces of the Italian economy. Accommodation,
infrastructure and services, particularly with regard to transport and
reception facilities are the strenghts for investments in our country.
The country offers enormous potential for growth and exceptional
investment opportunities.
AUTOMOTIVE
This sector is a star performer in the Italian manufacturing arena, thanks
especially to the presence of large car-manufacturing companies (such as
Fiat, Ferrari, Alfa Romeo, Lancia, Lamborghini, and Maserati) and other
motor-vehicle manufacturers (Aprilia, Ducati and Piaggio) which create a
significant allied economy among small and medium-sized enterprises.
.
Experiencing excellence
LIFE SCIENCES
Italy has a long and well established tradition of production and
research in the life sciences sector.
Over 400 pharmaceutical and biotechnological companies operate
in Italy, both national companies like Menarini, Recordati, Zambon,
Schiapparelli, Angelini, Bracco, Sifi and Sigma-Tau and local subsidiaries
of foreign groups like GlaxoSmith&Kline and Bayer
CHEMICAL
For many products Italian market ranks even second in Europe. And
many chemical foreign owned companies have decided to place here
their strategic basis to manage operations in Southern Europe. The
quality of research and widely recognised scientific expertise are an
important attraction, especially in fine and specialised chemistry.
.
Experiencing excellence
AEROSPACE
Italy is a world leader in helicopter manufacture, a European leader in
flight-training planes and a principal performer in the development of new
concepts.
Piemonte is the more specialized region in aerospace industry
RENEWABLE ENERGY
The photovoltaic industry is growing rapidly and should grow further in
the near future. Attractive feed-in tariffs and favourable climatic
conditions are the main drivers of this industry Investments from
European groups are increasing, especially in southern regions
such as Apulia and Calabria
.
Fashion & luxury
With revenues of EUR 48 billion, 70,000 companies and 700,000
workers, Italy has the most active fashion and luxury industry in the
world.
If we say "Italian Fashion“, most people probably will think first of Milan.
But in fact fashion in Italy means much more than a single city or
region. Because so much of Italy's fashion production - textiles, apparel,
shoes, accessories, etc. - takes place in small factories and craft
workshops scattered around the country.
Besides a few large players the market is characterised
by a large number of small and medium-sized
enterprises often operating in market niches.
These companies are rich in the creativity and
technological skill which are the strategic factors in the
worldwide prestige of Italian fashion.
Mergers&Acquisitions
Source: Institute of Mergers, Acquisitions and Alliances (IMAA)
Italian sizes
Italy has a smaller number of world class multinational corporations than
other economies of comparable size.
Instead, the country’s main economic strength has been its large
base of small- and medium-sized companies. Some of these
companies manufacture products that are technologically advanced and
therefore face increasing competition from China and other emerging
Asian economies which are able to undercut them on labour costs.
These Italian companies are responding to the Asian competition by
concentrating on products with a higher technological content,
while moving lower-tech manufacturing to plants in countries where
labour is less expensive.
Invest in Italy
Invest in Lombardy
Lombardy remained close to the group of the ten most attractive
regions of Western Europe.
Milan ranks 8th among Western European cities by number of the
inbound investment projects during 2003-2012 decade and it is
ahead Amsterdam, Berlin, Vienna, Stockholm, Brussels, Düsseldorf,
Copenhagen, Zürich and Hamburg.
HLB Italy
Studio Associato De Vecchi set up on November 25th 2009, the
professional network HLB Consultants Italia, in partnership with four
important Italian accounting firms and business advisers and payroll
experts. In April 2013 HLB Consultants Italia launched the new brand and
company’s name: HLB NODA
HLB NODA collects together 38 partners, with a number of staff around
200 people and with a turnover to approximately € 12 Mil. per year.
2009 5 firms: Milan (National Secretariat), Venice, Rimini, Catania
2010 2 new firms in Turin and Olbia ( Sardinia)
2011 1 new firm in Pescara
2012 1 new firm in Rome
2013 2 new firms in Naples and Avellino
01.07.2013 HLB Italy China Desk
What we do
Accounting
Audit & Assurance
Business Recovery
Business Structuring
Corporate Finance
Employment
Forensic Accounting
Government & Not-for-profit
Information Technology
International Tax
Joint Ventures
Local Law & Culture
Risk Management
Learn more about us
Studio Associato De Vecchi
Via V. Monti n. 8
20123 Milano
T: + 39 02 48100471
info@studiodevecchi.com
http://www.studiodevecchi.com
Find us on:
Contact Partner
Francesco Marconi
f.marconi@studiodevecchi.com
Communications Manager
Sonia Spagnol
s.spagnol@studiodevecchi.com

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Sharing opportunities f marconi_hlb asian pacific_bali 27062013

  • 1. An international network of independent professional accounting firms and business advisers Sharing opportunities HLB International Asia Pacific Regional Conference Bali, Indonesia- June 26-28, 2013 Francesco Marconi HLB Noda - Studio Associato De Vecchi - Milan - Italy
  • 3. Networking Opportunities Contacts Common interests Meet and greet Share strategies Share ideas !!!!! Sharing opportunities
  • 4. South Eastern and Arabic investments in Italy are increasing, targeting the acquisition of brands in key Italian sectors as fashion, food, winery, IT- and techno- logical capabilities. The Marco Polo Effect
  • 6. Erick Thohir (Indonesia): businessman from Jakarta and co-owner of Atra International, interested in buying the Italian soccer team Inter. Attractive Italy: acquisitions
  • 7. Shandong Heavy Industry Group (China): Ferret Group; yacht producer (acquisition supported by HLB firm in Rimini). Li & Fung (China): Cerruti 1881; fashion label. Hembly (China): Sergio Tacchini; sport brand. Attractive Italy: acquisitions
  • 8. Samsung (Korea)/ Cheil Industries Inc. (textile): Colombo via della Spiga; high-end leather goods, Giuseppe Zanotti; shoes. LG, division LG Fashion (Korea): Allegri; outwear. Attractive Italy: acquisitions E.Land (Korea): Lario; footwear group, owner of brands as which Sutor Mantellassi, Lorenzo Banfi, Mandarina Duck (bags), Coccinelle (leather goods).
  • 9. Onward Holdings (Japan): Gibò; the Tuscan textile company, which develops the licensed collections for Michael Kors (woman), Paul Smith (woman), John Galliano (man and woman), Roberto Cavalli (man) Antonio Berardi (woman), Rochas (woman), Veronique Branquinho (woman) and shoes for Chloe, Marc Jacobs, Michael Kors, Veronique Branquinho, Rochas, Nina Ricci and Jil Sander. Attractive Italy: acquisitions
  • 10. Mubadala (United Arab Emirates): shares in Ferrari, Piaggio Aircraft and Poltrona Frau. Qatar Holding (Qatar): great interest in Versace; already owning the UK department store Harrods. Attractive Italy: acquisitions
  • 11. Italian industrial clusters The last 15 years have seen a progressive and marked growth in the number of clusters, favoured by national and regional legislation and by the average small size of Italian companies, which pushes them to create organic and geographically close conglomerates of players within the same supply chain/industry.
  • 13. The Italian 3 F We breath beauty growing up around beautiful monuments and learning from handicrafts. For many respects the Italian economic system is an Experience Economy ante litteram.
  • 14. Experiencing excellence TOURISM With more than 33,000 hotels and 400,000 employees, the tourism sector is one of the driving forces of the Italian economy. Accommodation, infrastructure and services, particularly with regard to transport and reception facilities are the strenghts for investments in our country. The country offers enormous potential for growth and exceptional investment opportunities. AUTOMOTIVE This sector is a star performer in the Italian manufacturing arena, thanks especially to the presence of large car-manufacturing companies (such as Fiat, Ferrari, Alfa Romeo, Lancia, Lamborghini, and Maserati) and other motor-vehicle manufacturers (Aprilia, Ducati and Piaggio) which create a significant allied economy among small and medium-sized enterprises. .
  • 15. Experiencing excellence LIFE SCIENCES Italy has a long and well established tradition of production and research in the life sciences sector. Over 400 pharmaceutical and biotechnological companies operate in Italy, both national companies like Menarini, Recordati, Zambon, Schiapparelli, Angelini, Bracco, Sifi and Sigma-Tau and local subsidiaries of foreign groups like GlaxoSmith&Kline and Bayer CHEMICAL For many products Italian market ranks even second in Europe. And many chemical foreign owned companies have decided to place here their strategic basis to manage operations in Southern Europe. The quality of research and widely recognised scientific expertise are an important attraction, especially in fine and specialised chemistry. .
  • 16. Experiencing excellence AEROSPACE Italy is a world leader in helicopter manufacture, a European leader in flight-training planes and a principal performer in the development of new concepts. Piemonte is the more specialized region in aerospace industry RENEWABLE ENERGY The photovoltaic industry is growing rapidly and should grow further in the near future. Attractive feed-in tariffs and favourable climatic conditions are the main drivers of this industry Investments from European groups are increasing, especially in southern regions such as Apulia and Calabria .
  • 17. Fashion & luxury With revenues of EUR 48 billion, 70,000 companies and 700,000 workers, Italy has the most active fashion and luxury industry in the world. If we say "Italian Fashion“, most people probably will think first of Milan. But in fact fashion in Italy means much more than a single city or region. Because so much of Italy's fashion production - textiles, apparel, shoes, accessories, etc. - takes place in small factories and craft workshops scattered around the country. Besides a few large players the market is characterised by a large number of small and medium-sized enterprises often operating in market niches. These companies are rich in the creativity and technological skill which are the strategic factors in the worldwide prestige of Italian fashion.
  • 18. Mergers&Acquisitions Source: Institute of Mergers, Acquisitions and Alliances (IMAA)
  • 19. Italian sizes Italy has a smaller number of world class multinational corporations than other economies of comparable size. Instead, the country’s main economic strength has been its large base of small- and medium-sized companies. Some of these companies manufacture products that are technologically advanced and therefore face increasing competition from China and other emerging Asian economies which are able to undercut them on labour costs. These Italian companies are responding to the Asian competition by concentrating on products with a higher technological content, while moving lower-tech manufacturing to plants in countries where labour is less expensive.
  • 21. Invest in Lombardy Lombardy remained close to the group of the ten most attractive regions of Western Europe. Milan ranks 8th among Western European cities by number of the inbound investment projects during 2003-2012 decade and it is ahead Amsterdam, Berlin, Vienna, Stockholm, Brussels, Düsseldorf, Copenhagen, Zürich and Hamburg.
  • 22. HLB Italy Studio Associato De Vecchi set up on November 25th 2009, the professional network HLB Consultants Italia, in partnership with four important Italian accounting firms and business advisers and payroll experts. In April 2013 HLB Consultants Italia launched the new brand and company’s name: HLB NODA HLB NODA collects together 38 partners, with a number of staff around 200 people and with a turnover to approximately € 12 Mil. per year. 2009 5 firms: Milan (National Secretariat), Venice, Rimini, Catania 2010 2 new firms in Turin and Olbia ( Sardinia) 2011 1 new firm in Pescara 2012 1 new firm in Rome 2013 2 new firms in Naples and Avellino 01.07.2013 HLB Italy China Desk
  • 23. What we do Accounting Audit & Assurance Business Recovery Business Structuring Corporate Finance Employment Forensic Accounting Government & Not-for-profit Information Technology International Tax Joint Ventures Local Law & Culture Risk Management
  • 24. Learn more about us Studio Associato De Vecchi Via V. Monti n. 8 20123 Milano T: + 39 02 48100471 info@studiodevecchi.com http://www.studiodevecchi.com Find us on: Contact Partner Francesco Marconi f.marconi@studiodevecchi.com Communications Manager Sonia Spagnol s.spagnol@studiodevecchi.com