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Unieuro

Unieuro S.p.A.
Public company
Industry Retail
Founded 1937
Key people
Giancarlo Nicosanti Monterastelli (CEO)
Products Brown goods
White goods
Telecommunications
Information technology
Cameras
Consumer Electronics
Revenue €1.66 Bln (FY 2017)
Number of employees
3,900 (FY 2017)
Website [1]

Unieuro S.p.A. is the largest Italian omni-channel distributor of consumer electronics and household appliances by number of outlets, with a network of 460 stores throughout Italy.

The Company, which reported net revenues of €1.66bln for the fiscal year ended February 28, 2017, debuted on Borsa Italiana (the Italian Stock Exchange), by listing on STAR Segment, on April 4, 2017 under the UNIR ticker.

In 2017, Unieuro also announced and completed the acquisition of e-commerce operator Monclick S.r.l. and of further 21 direct stores from Andreoli S.p.A. in Central Italy.

Led by CEO Giancarlo Nicosanti Monterastelli, Unieuro S.p.A. formerly traded as “SGM Distribuzione”, a company that has been controlled by private equity fund Rhone Capital since 2005 and that operated under the “Marco Polo-Expert” brand name in Italy.

In 2013, SGM Distribuzione signed an agreement with Dixons Retail to acquire the old-Unieuro, an independent Italian electronics and domestic appliances retailer founded in 1967, which Dixons took over in 2001.

As a result of the transaction, former Unieuro business merged into SGM/Marco Polo-Expert under the renewed brand-name of Unieuro S.p.A.


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