Water will be flooding into the Stock Exchange in July, but it’s not the great deluge. It is the mineral water of the SEM group (Sorgenti Emiliane Modena), owned by the Balugani family, which is preparing to list on the Milan exchange in the Star segment dedicated to medium-sized enterprises. This company, an Italian leader in the bottling, production and distribution of mineral water, soft drinks and bottled water, has initiated the process for public quotation in Italy and a simultaneous institutional placing for eligible investors from Italy and abroad.

Landing in the Star segment in July will be the Modena-based company, SEM, the first bottling company on the list. “We want to make new acquisitions,” says vice president Aldo Balugani.