Atom and Else Corp. consolidated their strategic partnership through a direct investment by Atom.
Founded in the 1940s in Vigevano (Pavia), Atom is a global leader in the development and supply of cutting and assembly systems for footwear, leather goods and industry. In 2017 Atom achieved a consolidated turnover of about € 120m, with a gross operating margin of more than 20%.
Else Corp is a Milan-based virtual retail and cloud manufacturing start-up.
The transaction is part of the Atom growth plan, aiming to integrate new technologies and consolidate its position along the supply chain.
Corus assisted Atom in the analysis of the opportunity, structuring the transaction and the investment in Else Corp.