3PL player BOMI Group went public via an IPO in June 2015. VP & CFO Marco Ruini discusses the reasons behind this Italian family company’s decision to go public, as well as its ambitious expansion strategy. How would you assess the success of the IPO that took place last year? This IPO has allowed us to achieve our strategic goals, and thus we are fully satisfied that it was the right decision. Of course, the timing was interesting to say the least, as BOMI went public on June 26^th 2015; that very evening that Greek prime minister Alexis Tsipras announced the bailout referendum; as such we very quickly became familiar with the turbulence of financial markets and the fact that fluctuations often have little to do with real world performance and the services a business delivers from day to day. Going public has also added a lot of value to our company, as we now have a larger and more diverse board of directors who bring a lot of experience from different industries. The visibility we gained through the IPO is also a significant asset.

Last year we celebrated BOMI’s 30^th anniversary, and after thirty years of growth and operations, we still remain focused on the same two principles that my father and his associates founded this company upon.