IMI will remain a shareholder in the business alongside Mir and Ardian, which has recently spun out from Axa.
Lima has more than 9,000 product codes sold directly to customers in Italy and through 15 international branches. The company operates three production facilities in Italy and San Marino.
Mir, which is a €300m joint fund set up by Russia’s Gazprombank and Intesa Sanpaolo, targets private mid-sized companies with a significant growth potential operating in Russia and Italy.
Earlier this year Mir made its first investment by acquiring a non-controlling stake in oil and gas services company Packer Service Group.
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