The Benettons family willsoon relinquish its control over Italy’s main highway company, Autostrade per l’ItaliaSpA, or Aspi.
As per Women’s Wear Daily, the Benettons’ family holding company Edizione has a 30.3 percent stake in AtlantiaSpA, which has controlled Aspi for more than two decades. The board of Atlantia has agreed to sell the entire stake in Autostrade per l’Italia to a consortium formed by CDP Equity S.p.A., The Blackstone Group International Partners LLP and Macquarie European Infrastructure Fund 6 SCSp. CDP is controlled by Italy’s Ministry of Economy and Finances.
The deal, which come after lengthy negotiations and false starts, will be formalized on June 10 and is reported to bring €2.4 billion into the Benettons’ coffers.
The sale comes almost three years after the collapse of a section of the Morandibridge in Genoa in August 2018, which caused 43 deaths, evacuations of hundreds of people, and heavy structural damages. Opened in 1967 and part of the A10 highway linking the French and Italian rivieras, the bridge was maintained and operated by AutostradePerl’Italia.
The government had been threatening to strip Autostrade of its lucrative toll-road business since the fatal accident and accused it of neglecting maintenance of the bridge. Aspi is to pay a compensation fee of €3.4 billion.












