Overview
- On March 10, the shareholders' assembly resolved to dissolve Hoepli S.p.A. and place it into voluntary liquidation under lawyer Laura Limido.
- The company cited negative operating results, a weak outlook for the book and publishing market, and a serious internal dispute among shareholders as the drivers of the decision.
- Roughly 90 employees face job risk; workers held a one-hour strike during the meeting and unions called a March 14 flash mob outside the Milan bookstore.
- Minority shareholder Giovanni Nava, who owns about one-third of the company, vowed to contest the liquidation through legal channels.
- Interest from potential buyers persists for parts of the business, with a recent offer reported from Pearson and earlier approaches from Mondadori and Feltrinelli, while the latest accounts show revenue down 8.5% to €29.56 million and a near-€1 million loss.