Friends S.P.A.
MMIL:AMI1.41
EUR
-0.03
(-2.08%)
ISIN
IT0005664641
Return %
Stock
S&P 500
1Y
17.50
14.20
3Y
- -
81.12
5Y
- -
68.34
Capital Structure
EUR
•
in mil. unless spec.Working Capital
EUR
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in mil. unless spec.Growth Rates
EUR
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in mil. unless spec.Semi-annual Revenue
EUR
•
in mil. unless spec.Semi-annual Earnings Per Share
EUR
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in mil. unless spec.Semi-annual Dividends Per Share
EUR
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in mil. unless spec.Company Description
- CEO
- Bruno Belgioco
- Sector
- Finance
- Industry
- Financial conglomerates
- Address
- Milan Italy
- IPO Date
- Aug 12, 2025
- Website
- friendsspa.it
- Similar Companies
- Business
- Friends S.p.A. is an Italy-based investment and operating company specializing in impact investing, sustainable mobility, and social infrastructure services. The company operates primarily through its wholly owned subsidiary, PMG Italia S.p.A. Società Benefit, providing integrated public-private mobility solutions and community sustainability programs across Italy. The company offers a comprehensive range of products and services, including: Progetto Mobilità Garantita social transport programs providing specially adapted, wheelchair-accessible vehicles under free-loan agreements to local municipalities, healthcare institutions, and third-sector voluntary associations for the transport of the elderly, disabled, and vulnerable individuals; commercial advertising and ethical sponsorship spaces marketed to local and national enterprises on public utility vehicles to fund municipal fleet operations; Città ad Impatto Positivo urban sustainability and community welfare initiatives encompassing environmental education, civic regeneration projects, and social inclusion campaigns; and specialized fleet management services comprising vehicle customisation with hydraulic lifts, periodic maintenance, full-coverage insurance administration, roadside assistance, and transport logistics support. Friends S.p.A. was founded in November 2024 and is headquartered in Milan, Italy. In August 2025, the company completed its initial public offering on the Euronext Growth Milan exchange, raising 14 million euros to finance target acquisitions in high-impact environmental and social sectors. In December 2025, Friends S.p.A. executed a definitive binding agreement to acquire 100 percent of the share capital of PMG Italia S.p.A. Società Benefit for approximately 12 million euros, completing the strategic business combination in early 2026 to transform the entity from a special purpose acquisition company into an active operating group dedicated to social mobility and territorial impact solutions.