Our history

The company was set up in 2000 following the split-up of Sirti S.p.A. from the company's real estate branch: since February 11th, 2000 the ordinary shares of the Company have been listed on the Italian Stock Exchange (Borsa Italiana). In this period, Immsi S.p.A.’s activities are mainly related to the rent of real estate properties and buildings in order to exploit the business opportunities offered by the market, with reference with both properties acquired on the market and properties belonging to the Telecom Italia Group.

During 2003, the Company’s business activities developed in line with the newly implemented operating strategy and on the basis of the plans outlined by the new majority shareholders of the Company. In this context significant changes were made to the corporate mission which enabled, on one hand, to develop the traditional business of property management through dynamic new investments with potentially high returns and, on the other hand, the possibility to acquire and develop substantial equity investments in industrial and service companies, while at the same time taking on the strategic and management responsibilities. Moreover, the Company has started to implement the new strategic plan which aims to develop the traditional, purely asset-based model to an income-based one which better reflects market trends, paying particular attention to development and/or management projects in the residential, commercial, tourism and hotel sectors. In this context, as a first and introductory test phase of the plan and with the aim of diversifying the current asset allocation, the Company approved a plan of property disposals so as to unlock funds in order to finance further industrial projects and new property activities.

As part of the re-positioning of Immsi S.p.A.’s property activities, the ad hoc association of companies established in 2003 by Immsi S.p.A. (managing associate) won the tender of the Lecce Province for the concession of the executive project, works and management of the “ex Colonia Scarciglia” property in Santa Maria di Leuca, to be converted into a tourist resort. Upon completion, the Santa Maria di Leuca structure will comprise a 5 star luxury hotel with 72 rooms and a fitness area. In order to carry out the project, Immsi S.p.A. established Apuliae S.p.A., a company with registered offices in Lecce.

At the end of May 2004, Immsi S.p.A. completed the acquisition of Rodriquez Cantieri Navali S.p.A. trough the purchase of a control stake in the holding vehicle RCN Finanziaria S.p.A.. The company acquired operates – also trough other companies of the RCN group – in the naval sector, manufacturing and marketing hovercraft, ferries, defence vessels and pleasure boats.

On December 2004 the Piaggio Group purchased 100% of the capital of Aprilia S.p.A., a company that manufactures and markets motorcycles, motor vehicles and vehicle components, as well as accessories and sports goods, with the brands “Aprilia”, “Moto Guzzi” and “Moto Laverda”. The unification of the two groups has created the fourth-largest producer of two-wheeled motorised vehicles in the world. The new group is able to offer a complete and differentiated range of products able to cover all segments of the market. With this operation the activities of the new Piaggio group assume a global dimension, both geographically and in terms of production, able to face the competitive challenge that, at world level, mainly involves competitors from outside the EU.

In 2008, within the framework of the project for integrating and relaunching the business of Alitalia, Immsi S.p.A. acquired a stake equal to 7,08% in the company Alitalia – Compagnia Aerea Italiana S.p.A.