Italmobiliare, an investment holding company, completed a $42m investment in Bene Assicurazioni, a provider of insurance products and services. “With this transaction, Italmobiliare has further expanded its portfolio of investments in diversified sectors, investing in medium-sized Italian companies showing high growth rates supported by competitive advantages in terms of technology and know-how. Bene Assicurazioni is one of the main newcomers to the Italian insurance market, led by a management team with a profound knowledge of the sector, along with the ability to anticipate future trends and to act as a protagonist of innovation in strategic corporate processes," Carlo Pesenti, Italmobiliare CEO.