CIR strategy
CIR’s strategy is based on three main guidelines:
- Active management of the core portfolio of shareholdings
Over the last decade, CIR has streamlined its portfolio of core shareholdings, reducing sector diversification and exposure to sectors characterized by significant strategic challenges.
After exiting the energy sector in 2015, in 2020 it monetized its historic investment in publishing, focusing on healthcare and automotive.
In healthcare, it monetized the subsidiary Medipass, a non-core asset for KOS, and took a position in Germany in long-term care.
In automotive, it monetized the Filtration business, reducing the risk profile of the portfolio — also in view of the technological transition — and creating value. - Growth and performance improvement in healthcare and automotive
CIR actively supports Sogefi and KOS in their path of growth and improvement of economic and financial performance in the two sectors of activity, through an operating model that ensures rapid and effective decision-making processes.
The resilience demonstrated in the two sectors in the face of the significant impacts of the pandemic in 2020 and 2021, as well as the rapid subsequent recovery, testifies to the effectiveness of management. - Dynamic yet prudent management of the financial portfolio
CIR has resources and purely financial investments, and adopts a rigorous approach to their management, pursuing a proper balance between risk and return and returns above benchmark indices.
Healthcare: KOS strategy
Supporting elderly and dependent individuals and managing vulnerabilities and chronic diseases are major challenges for European societies: in Europe, the population over 85 will grow until 2050, and the number of individuals with chronic diseases is particularly high and rising, both among the elderly and the general population.
KOS’s strategy aims to consolidate its brands as benchmarks in the sectors in which it operates — nursing homes, functional rehabilitation, psychiatric care and rehabilitation — and to achieve steady and sustainable growth, leveraging the company’s distinctive features:
- the know-how acquired,
- the quality of its offer,
- its capacity for innovation,
- its size,
- its ability to develop and integrate new facilities.
Automotive: Sogefi strategy
In a global context undergoing profound transformation, marked by the transition toward electric and sustainable mobility, Sogefi aims to strengthen its competitive positioning and grow in a selective and profitable way.
The group’s strategy is based on several key directions:
- Development of high value-added technologies, in collaboration with the main global car manufacturers;
- Continuous innovation in products and materials that contribute to reducing vehicle weight, improving performance, and decreasing emissions;
- Selective expansion in high-growth markets, particularly North America, China, and India, while maintaining a leadership position in Europe;
- Industrial excellence, through the optimization of the production network and the continuous improvement of quality, efficiency, and sustainability.
Sustainability is an integral part of Sogefi’s operational and strategic priorities, both in terms of attention to production processes and in terms of focus on developing products that make vehicles more environmentally sustainable.
