ENTRY OF AP FORM INTO LAPI, CONTROLLED BY KOINOS CAPITAL

Cadenive acted as financial advisor to A.P. Form S.p.A. in the sale of 100% of its share capital to Lapi S.r.l. Società Benefit, controlled by Koinos Capital SGR's fund Koinos Uno. The transaction marks the beginning of a new development phase for A.P. Form within a thermoforming aggregation platform focused on growth and value creation. CEO Stefano Mazza will reinvest in the platform and continue in his operational role, ensuring full management continuity. A.P. Form S.p.A. is an Italian company founded 50 years ago and headquartered in Oderzo (Treviso), specialising in plastic thermoforming with a leadership position in the industrial refrigeration, medical and special vehicles segments. The company operates a 5,000 square-meter facility, employs approximately 40 people and reported revenues of approximately €6.5 million in 2025. Koinos Capital SGR is an Italian asset management company promoting a thermoforming aggregation platform through its fund Koinos Uno, focused on growth and value creation in the plastics processing sector. For further information please contact info@scoutingadvisors.com.