OEP Capital Advisors L.P. entered into a definitive agreement on February 9, 2026, to acquire Giovanni Bozzetto S.p.A. from Aimia Inc. and other shareholders. Aimia Inc. expects to receive net proceeds ranging from CAD 265 million to CAD 271 million from the transaction, after accounting for Bozzetto debt payments, minority interests, and transaction costs. The final net proceeds will be subject to adjustments based on closing net debt and working capital. Aimia does not anticipate incurring taxes on this transaction due to its capital tax loss carryforward position. The company intends to deploy the proceeds to strengthen its balance sheet and support its strategy of acquiring controlling interests in operating companies, consistent with the three-step approach it has pursued since the first quarter of 2025.

The transaction remains subject to customary closing conditions and regulatory approvals. Under the Canada Business Corporations Act and applicable laws, shareholder approval from Aimia is not required. The parties expect the transaction to close within three months.

Freshfields LLP served as legal advisor to OEP Capital Advisors L.P., while KPMG LLP provided accounting services and McKinsey & Co. and Arcadis NV delivered consulting services. Jefferies LLC, with Mauro Premazzi, Adam Abramson, and Benjamin Williams, acted as financial advisor to Aimia Inc. and Giovanni Bozzetto S.p.A. White & Case LLP served as legal advisor to Aimia and Giovanni Bozzetto. McCarthy Tétrault served as Canadian counsel to Aimia with a team led by Hadrien Montagne and Vincent Laurin.