Tamburi Investment Partners acquired a 12% stake in Elica from Whirlpool for €16m.

Tamburi Investment Partners, a capital market company, acquired a 12% stake in Elica, an Italian cooker hood specialist, from Whirlpool, an American multinational manufacturer and marketer of home appliances, for €16m. James Peters, Executive Vice President and Chief Financial Officer of Whirlpool Corporation, states: “Our collaboration with Elica has always been and will remain important over time; this transaction does not in the least affect the relationship of great esteem on skills, technologies and capabilities of Elica and indeed we are happy that it is partnering with such a prestigious financial investor”.