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
Xeros Technology Group has completed a placing, subscription and retail offer
Xeros Technology Group plc has raised funds to drive forward its commercialization strategy.
Learn moreSuccesful integrated solution for strategic deadlock and tender offer by CMB on Euronav
Compagnie Maritime Belge (CMB) has successfully resolved the strategic and structural deadlock within Euronav through an agreement with Frontline, a world leader in the international seaborne transportation of crude oil and refined products, resulting in a mandatory takeover offer on Euronav.
Learn moreIndustrie Polieco - M.P.B. has sold a minority stake to RedFish Longterm Capital
T.P. Holding Srl, the company controlled by the Tonelli family, has sold Industrie Polieco - M.P.B. SpA to RedFish Longterm Capital SpA.
Learn more