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.
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