Merkanti Holding plc, through its subsidiaires, owns Merkanti Bank, a Malta based credit institution, as well as two industrial parks in Germany. The Issuer also acts as a finance company for its subsidiaries.
Gasan Finance Company plc acts as the financing arm of the Gasan Group whilst also generating rental income from the Gasan Centre and the Piazzetta Properties. The Gasan Group is involved in a number of sectors, namely automotive & marine, property, insurance and engineering.
1923 Investments plc (previously known as PTL Holdings plc) represents the IT & logistics division of the Hili Ventures Group. The company operates as an Apple Premium Reseller in Poland, Hungary and Romania. In addition, the company provides a range of logistics services in Malta and Poland and is also involved in offering IT and software solutions.
Hili Finance Company plc is the financing arm of the Hili Ventures Group which in turn is a holding company owning subsidiaries in a variety of business sectors: (i) the franchisee for McDonalds in the Baltics, Greece, Malta, and Romania; (ii) real estate; (iii) retail as Apple Premium Resellers in Poland, Hungary and Romania; (iv) IT; (iv) logistics and (v) customised engineering services.
AX Investments plc is the financing arm of the AX Group which in turn is engaged in hospitality services, healthcare services, construction & building materials as well as property development in Malta.