MILAN (AIMnews.it) - Two spacs to target almost simultaneously. Eps Equita Pep announced the acquisition of 100% of Industrie Chimiche Forestali (ICF), leader in Italy in the production of fabrics for table tops, counters and adhesives for the footwear, leather goods, automotive, packaging and upholstered furniture sectors . With an export share of around 70%, Icf closed the first 11 months of 2017 with a turnover of € 72.9 million, 9 million ebitda, 4.4 of adjusted net profit and a negative pfn of € 15.3 million. . The 100% valuation of the company is 69.1 million euros. On 26 February, the shareholders' meeting of Eps will decide on the agreement. It will also give rise to a partial and proportional splitting of Eps in favor of Eps Equity Pep Spac2 to which unused resources will be allocated and will in turn be listed on the Aim. The second operation involves Crescita (controlled by Crescita Holding and Dea Capital): the target company is Cellularline, founded in 1990 and active in the production of accessories for smartphones and tablets. With headquarters in Reggio Emilia and branches in Spain and Switzerland, the company closed 2016 with 164.5 million in turnover, 38.4 of ebitda and net payables for 66.6 million. Growth will account for 49.87% of the parent company of Cellularline and as a result of the merger will finance the operating company with approximately 50 million euro.