Finest supports Datacol Group's expansion plan in Spain
Investment of EUR 1 million in Datacol Hispania's share capital and EUR 1 million in shareholder loans, duration 8 years
Key points
Finest, the finance company for the internationalisation of companies in Italy's North-East, announces a new strategic investment to support the foreign expansion plan of the Datacol Group, a historic Verona-based excellence and leader in the marketing and sale of technical articles for the automotive and craft sectors. The operation, which consolidates a partnership begun in 2016, aims to strengthen the Spanish subsidiary Datacol Hispania SL, reinforcing its presence in the Iberian market and its international competitiveness, with positive repercussions on the Triveneto economy.
L’internazionalizzazione
Founded in the early 1990s by Renato Mascotto and now led in the second generation by his son Andrea, Datacol Srl is a multinational company with headquarters in San Bonifacio (Verona), where the 15,000 m² logistics hub is located. In 2024 the group closed with a consolidated turnover of 147 million euro and over 660 employees in Italia and abroad. The Verona-based company is already strongly internationalised: the foreign expansion process started in 2003 in France, followed by Spain, Austria, Croatia, Poland, Switzerland and Slovenia. In 2023, Datacol Portugal L.D.A. and Blu Line Srl, also from San Bonifacio, entered the consolidation perimeter.
Finest, already a partner of Datacol Hispania SL since 2016 with interventions in 2016 and 2019, renews its commitment to the Triveneto company's foreign project with an investment of EUR 1 million in Datacol Hispania's share capital and EUR 1 million in shareholder loans, both with a term of 8 years. This operation aims to increase distribution capillarity in Spain, responding to growing demand in the local market.
The Path
"This new investment with Datacol is the result of a path shared over the years and of mutual trust, built by working together for the Group's growth in the Spanish market, which Finest is looking at with great attention due to the high potential it is also expressing for other projects by companies in the Triveneto region," explains Finest chairman Luca Di Benedetto. "The redefinition of value chains is increasingly pushing companies to position themselves efficiently and diversified in foreign markets: an essential business model for companies like Datacol, which must serve customers promptly and punctually, guaranteeing after-sales services capable of increasing competitiveness and loyalty in a highly competitive sector. Our intervention directly supports the Spanish subsidiary, but generates positive spin-offs for the entire Group and the Triveneto area. Our commitment is geared towards increasingly favouring access to foreign markets for companies in the North-East, especially SMEs, the real driving force of our economy'.
For 35 years Finest has been the reference financial company for companies in north-eastern Italy for their internationalisation projects in neighbouring countries. It has developed more than 680 projects alongside local companies, investing more than EUR 470 million, with capital injections into foreign subsidiaries and direct foreign financing. It has also recently activated the possibility of subscribing to bonds issued by Triveneto companies to finance their international projects.
