Costruzioni meccaniche Weingrill has been acquired by a consortium of entrepreneurs
The founding family of Costruzioni meccaniche Ing Zeno Weingrill (Weingrill) has sold the company to a consortium of entrepreneurs.
Weingrill is a manufacturer of mechanical systems, components and screw jacks, mostly for the paper and cardboard industry. It develops and sells stretching and guiding systems, tail cutters and screw jacks mechanical lifting solutions. The company has a stable annual turnover of approximately US$10 million and a remarkable EBITDA of 20–25%.
The owners resolved to sell their business due to the lack of succession.
Oaklins’ team in Italy acted as sell-side advisor in this transaction.
Talk to the deal team
Related deals
Inman S.r.l. has been acquired by Marco Giovannini
Pompilio Bettinelli has sold his 50% stake in Inman S.r.l. to Marco Giovannini.
Learn moreSjørring Maskinfabrik has been sold to Terratech Group
Dansk Ejerkapital (largest shareholder) and the remaining shareholders of Sjørring Maskinfabrik A/S (Sjørring) have sold the company to Terratech Group.
Learn moreJiangsu Huineng Electric has formed a joint venture with Eaton
The shareholders of Jiangsu Huineng Electric Co., Ltd. (Jiangsu Huineng) have sold a 50% equity stake of the company to Eaton Corporation (Eaton), promoting yet another strategic cooperation and further consolidation in China’s electrical equipment sector, after helping Huanyu Group to obtain strategic investment from Eaton in 2021.
Learn more