MERCURE INTERNATIONAL S.A.
Mercure is an Investment Holding of IGLI, and in its role as a medium/long-term investor, is a strategic partner for entrepreneurs committed to developing top-level businesses, with a particular focus on Europe.
Through its controlled-segments, Mercure holds and manages a diversified investment and equities portfolio with a strategic vision underpinned by a financial and industrial history of the Vergara Poeti-Marentini family.
Mercure has an extensive and direct experience in the “broad” industrial sector in Europe and abroad, with a successful track-record in growing, innovating and diversifying its companies, as well as important relationships in the European entrepreneurial, banking and financial community.
Mercure’s holding structure is:
Portfolio of investments in a close number of controlled or related companies, with representatives on the investee’s governance bodies, which leverage on Mercure’s experience in managing national and international business operations. The portfolio has a mid-long term investment horizon with a focus on value creation.
Investments funds and Alternative Investments aim at taking up opportunities in geographical areas or business sectors where Italmobiliare is not directly involved and at fostering potential business development in diversified sectors.
Portfolio of investments in diversified sectors focused on listed or not listed companies offering interesting growth prospects or steady investments returns.
MERCURE’S CORE
Mercure acts as a preferential strategic partner for entrepreneurs who have developed excellent companies and who are looking for an investor to accompany their growth and offer an alternative approach to typical buy-out strategies, while they can still participate as a majority or minority shareholder.
Mercure makes available to affiliates its own economic resources, management skills and industrial and financial network to provide support for their mediumlong term development, economic sustainable growth, internationalisation and best practices in terms of corporate governance and social and environmental responsibility.
As regards potential investments, Mercure prefers opportunities where there is a strong harmony of vision and a relationship of knowledge and sharing of long-term objectives with the entrepreneur making the proposal; it does not undertake direct investments of a purely financial, speculative nature or with a marked use of debt.
Mercure’s industrial experience and investment strategy allow it to fully apply the ESG principles to portfolio management, thanks to constant monitoring of socio-environmental risks and performances and active involvement of the investee companies on a path of continuous improvement based on the Sustainability Policy.
Mercure’s Sustainability is built on 4 Pillars:
SUSTAINABLE PORTFOLIO GROWTH
The entire activity of Mercure aims to create value for our stakeholders in the long term, through sustainable growth of the portfolio and careful monitoring of risk profiles.
To this end, Mercure accompanies its subsidiaries in a medium-long term development path, based on the definition of internationalisation and innovation strategies, on the implementation of the most advanced management and administrative tools and on careful monitoring of social and environmental responsibility aspects.
ETHICS, INTEGRITY AND TRANSPARENCY
Mercure ensures that business activities are carried out in full compliance with ethics and integrity principles as well as with current legislation in economic, social and environmental matters. The ethical principles that inspire its business are:
• Legality
• Integrity
• Fairness, dignity and protection of the individual
• Transparency and confidentiality
• Fight against corruption
• Countering money laundering and criminal organisations
ENHANCEMENT AND GROWTH OF PEOPLE
The holding’s development and success also depend on the ability to attract and retain people with differentiated and complementary skills and on the training of leaders that guide the growth of companies by aligning management’s with shareholders’ interests and promoting sustainable creation of value in the medium / long term.
Fundamental in this sense are the definition of transparent and merit-based remuneration policies and of training activities aimed at developing new skills, in order to keep pace with the evolution of the markets.
360-DEGREE HEALTH AND SAFETY
Being responsible means, for us, actively contributing to the well-being of our collaborators and customers, carefully protecting their safety.
An essential condition for the enhancement of Mercure’s human capital is the creation of safe workplaces, where people can work erenely and express their skills to the full. With the active support of Italmobiliare, the Group companies are at the forefront of risk prevention and the promotion of a culture of safety, through the implementation of the most suitable management systems to protect the psychological and physical integrity of employees and everyone else who works, has access or spends time in spaces and structures belonging to the company. Safety is closely linked to the psychological and physical wellbeing of people, which we promote by offering our employees health and social security benefits.
Mercure’s strategy is that the flow of investments and disinvestments and the management of investments held in the portfolio over time are aimed at combining long-term growth objectives for the Company’s total assets with adequate remuneration for shareholders and a careful management of risk.