Supply@ME Capital, the fintech which lets manufacturing and trading firms monetise inventory through its platform, has broadened the scope of a proposed acquisition from Société Financière Européenne (SFE) first flagged on 6 January.
The deal originally covered SFE's stock companies and related inventory ownership infrastructure.
The Board has now added an Italian regulated credit intermediation business, supervised by the OAM, plus inventory monetisation funding know-how.
Management said the additions support a shift toward a broader working-capital funding platform, with the credit intermediation arm expected to provide a regulated gateway for Italian origination and bank relationships.
Definitive documentation for the expanded perimeter, and for parallel corporate and transaction-level funding arrangements with SFE Equity Investments (SFE EI), a securitisation entity controlled by SFE, remains unsigned.
Separately, Supply@ME is negotiating a proposed asset-backed revolving structure with SFE EI to finance Italian inventory and receivables, following amendments to the country's securitisation framework under a recent Destocking Decree.
Two new Italian inventory monetisation transactions are under discussion.
The first, with existing client Tekne S.p.A., has a proposed gross transaction perimeter of up to €25 million, which the company stressed is not a revenue forecast or committed funding.
A second, with an unnamed industrial counterparty, remains confidential given its preliminary stage.
Both are subject to due diligence, funder approval and definitive documentation, with no certainty of completion.
The company's 2025 annual report, delayed past its 30 April deadline, remains unfinished as auditors Bright Graham Murray continue their review.
Chief executive Alessandro Zamboni, who holds an indirect interest in SFE through The AvantGarde Group, has declared the conflict and will not vote on related board resolutions.
