Italy Historic Noble Family Borromeo Family (House of Borromeo) Completes Dual Listing IPO of Artistic, Natural & Museum Management Company Kaleon on Paris & Milan Exchanges at $65 Million (€56.5 Million) Market Value & Raised $21 Million (€18 Million) in IPO, Founded in 1983 to Manage Major Artistic & Natural Assets, Key Assets Include Lake Maggiore Locations (Isola Bella, Isola Madre & Parco Pallavicino), Chairman is Descendant Vitaliano Borromeo

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Italy Historic Noble Family Borromeo Family (House of Borromeo) Completes Dual Listing IPO of Artistic, Natural & Museum Management Company Kaleon on Paris & Milan Exchanges at $65 Million (€56.5 Million) Market Value & Raised $21 Million (€18 Million) in IPO, Founded in 1983 to Manage Major Artistic & Natural Assets, Key Assets Include Lake Maggiore Locations (Isola Bella, Isola Madre & Parco Pallavicino), Chairman is Descendant Vitaliano Borromeo

5th December | Hong Kong 

Italy historic noble family Borromeo family (House of Borromeo) has completed the dual listing IPO of artistic, natural & museum management company Kaleon on Paris & Milan exchanges at $65 million (€56.5 million) market value, raising $21 million (€18 million) in the IPO.  Kaleon was founded in 1983 to manage major artistic & natural assets.  Kaleon key assets include lake maggiore locations(Isola Bella, Isola Madre & Parco Pallavicino).  Kaleon Chairman is descendant Vitaliano Borromeo.  Kaleon – Kaleon is the new name of SAG S.r.l., a company founded in 1983 by the Borromeo family and specialized in the management, protection, and enhancement of major artistic, natural, and museum assets. Its business model is innovative, separating asset management from asset ownership and thereby enabling a fully managerial approach to operations. The Company’s core business, Terre Borromeo, is the brand identifying the prestigious cultural and natural sites on Lake Maggiore associated with the Borromeo family, including Isola Bella and Isola Madre in the Borromeo Gulf within the Borromean Islands archipelago; Parco Pallavicino in Stresa; Parco del Mottarone, a 500-hectare woodland area extending between Lake Maggiore and Lake Orta; the Rocca di Angera, on the Lombardy side in the Province of Varese; and the Castelli di Cannero, in the upper Verbano area, opened to the public on 28 June 2025 following a 10-year restoration project. With 194 employees as of 30 June 2025 and more than 40 years of experience in the tourism sector, Kaleon is positioned as a pioneer in high-quality cultural tourism. In 2023, Kaleon welcomed over 1 million visitors. In 2024, the Company generated revenues of €21.7 million, with an operating margin of approximately 25%. Following a steady growth path (2015–2024 CAGR +10%), the Company now aims to expand its activities both in Italy and abroad, offering authentic and sustainable cultural experiences for future generations.

“ Italy Historic Noble Family Borromeo Family (House of Borromeo) Completes Dual Listing IPO of Artistic, Natural & Museum Management Company Kaleon on Paris & Milan Exchanges at $65 Million (€56.5 Million) Market Value & Raised $21 Million (€18 Million) in IPO, Founded in 1983 to Manage Major Artistic & Natural Assets, Key Assets Include Lake Maggiore Locations (Isola Bella, Isola Madre & Parco Pallavicino), Chairman is Descendant Vitaliano Borromeo “

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Italy Historic Noble Family Borromeo Family (House of Borromeo) Completes Dual Listing IPO of Artistic, Natural & Museum Management Company Kaleon on Paris & Milan Exchanges at $65 Million (€56.5 Million) Market Value & Raised $21 Million (€18 Million) in IPO, Founded in 1983 to Manage Major Artistic & Natural Assets, Key Assets Include Lake Maggiore Locations (Isola Bella, Isola Madre & Parco Pallavicino), Chairman is Descendant Vitaliano Borromeo

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