Family HoldingPuts its own capital into companiesActive · deal in last 18 monthsLAST VERIFIED Oct 2026 · 10 SOURCES

CIR

Listed holding controlled by Fratelli De Benedetti S.p.A.

Also known as CIR S.p.A. – Compagnie Industriali Riunite, Compagnie Industriali Riunite, CIR Group, COFIDE

Listed Milan holding controlled by the De Benedetti family; owns 100% of KOS (long-term care) and 60.2% of Sogefi (auto parts), plus a EUR 295M financial portfolio incl. PE funds.

USEFUL FOR Fund managers raising capital · Business owners seeking a long-term partner · Co-investors

Listed Milan holding of the De Benedetti family (formerly also COFIDE, which absorbed CIR in 2019–2020 and took its name).

Family & background

FAMILY: De Benedetti
HEADQUARTERS: Milan, Italy
FOUNDED: 1976

Investment approach

SECTORS: HealthTech Mobility & Logistics Industrial & Manufacturing
GEOGRAPHY: ItalyGermany
STAGES: Buyout
ROUTES: Companies (own capital) · Funds (as LP)
STRATEGIES: Direct investmentsPrivate equityPublic equitiesHedge funds
LATEST DEAL: KOS S.p.A. (Acquisition of F2i Healthcare's 40.23% minority stake for €220.0M (via CIR Investimenti), taking KOS to 100%) · Jan 2026

Overview

CIR – Compagnie Industriali Riunite is an investment holding listed on Euronext Milan, founded in 1976 and controlled by Fratelli De Benedetti S.p.A., which is wholly owned by members of the De Benedetti family. It operates through two controlled groups: KOS, a long-term care and rehabilitation operator in Italy and Germany (100% since January 2026, when it bought F2i Healthcare's 40.23% for €220.0M), and Sogefi, a listed maker of suspension and air and cooling systems for cars (60.2%). It also manages a financial portfolio of EUR 295.0 million at 31 December 2025, about 84% in liquid assets (bonds, shares, deposits, hedge funds) and the rest in private equity funds. Former holdings include GEDI Gruppo Editoriale (sold to Exor in 2020) and Swiss Education Group (sold 2015).

Holdings & investments (5)

INVESTMENT ARMS & VEHICLES

CIR Investimenti S.p.A.
Wholly owned investment subsidiary of CIR S.p.A.; bought the 40.23% KOS stake in January 2026

HOLDINGS & INVESTMENTS · MOST RECENT FIRST

KOS (100%)NOTABLE
HealthTech · since 2002 · Majority stake; 100% since January 2026
Sogefi (60.2%, listed)NOTABLE
Mobility & Logistics
Giano Holding
since 2020
Swiss Education Group
Education · since 2011 · Exited (2015)
GEDI Gruppo Editoriale (43.78%)
Media & Entertainment · Exited (sold to Exor, 2020)

People

Rodolfo De Benedetti
Chairman · source
Monica Mondardini
Chief Executive Officer · source
Michele Cavigioli
Chief Financial Officer · source
Edoardo De Benedetti
Director · source
Marco De Benedetti
Director · source
Marta Marsilio
Independent Director · source
Tommaso Nizzi
Independent Director · source
Elisabetta Oliveri
Independent Director · source
Francesca Pasinelli
Independent Director · source

Frequently asked questions

CIR is a family holding based in Milan, Italy, founded in 1976.

CIR invests on behalf of the De Benedetti family.

CIR invests its own capital into companies and in third-party funds as an LP. Its stated asset mix includes direct investments, private equity, public equities and hedge funds.

CIR invests at Buyout stage in HealthTech, Mobility & Logistics and Industrial & Manufacturing.

Key people at CIR include Rodolfo De Benedetti (Chairman), Monica Mondardini (Chief Executive Officer), Michele Cavigioli (Chief Financial Officer) and Edoardo De Benedetti (Director).

CIR's holdings and investments include KOS (100%), Sogefi (60.2%, listed), Giano Holding, GEDI Gruppo Editoriale (43.78%) and Swiss Education Group.

The most recent publicly reported investment by CIR is KOS S.p.A. (Acquisition of F2i Healthcare's 40.23% minority stake for €220.0M (via CIR Investimenti), taking KOS to 100%), announced in Jan 2026.