MERMEC S.p.A has acquired Sirti’s transportation BU assets
MERMEC S.p.A has acquired Sirti’s transportation BU assets.
Founded in 1970, MERMEC is an Italian multinational company active in the field of advanced technologies for rail transport (signaling, train measuring, electric traction, telecommunication), urban electric mobility and industrial applications. The company is based in Monopoli, Italy, and has international offices in 19 countries through which it provides technical assistance to its customers worldwide. With approximately 1,200 employees, MERMEC boasts an unmatched technical know-how that has allowed it to develop and market a well-structured portfolio of advanced solutions currently in use in 65 countries. MERMEC is a member company of ANGEL, the high-tech holding that includes some of the most innovative Italian companies in the transportation and mobility, space, aviation, cyber security, artificial intelligence and rail automation sectors.
Sirti is a leading company in the design, construction, maintenance and integration of network infrastructure systems and management. Its transportation activities are focused on the development and supply of technological systems for railway infrastructure. Founded in 1921, it operates in the telecommunications, ICT, energy and transportation sectors in Europe and the Middle East, and employs circa 4,400 staff.
Oaklins’ team in Italy assisted MERMEC S.p.A throughout the transaction.
Talk to the deal team
Related deals
E.Gruppe, a GIMV portfolio company, has acquired LET Gruppe from GFEP Family Equity
LET Gruppe, a leading German provider of customized electrical infrastructure and energy system solutions, is set to become part of E.GRUPPE, a fast-growing industrial platform backed by European investment firm GIMV. The parties have signed a definitive agreement under which E.GRUPPE will acquire 100% of the shares in LET Gruppe from GFEP Family Equity, which has supported the company’s growth and strategic development in recent years. The transaction is subject to regulatory approvals.
Learn moreCrux Agribotics has been acquired by VDL
Crux Agribotics, a Dutch AgTech innovator with a 40-year heritage in computer vision, robotics, software development and high-tech engineering, has been acquired by VDL Groep, an international industrial family business. Through the acquisition of Crux Agribotics, VDL Groep further strengthens its position in foodtech, one of the growth markets for this family-owned industrial company.
Learn moreEast Metal has been acquired by management and private investors
The Latvia-based metalworking company East Metal has been acquired from its former Danish owner, East Metal Holding, through a management buy-out (MBO) by a group of private investors, the current owners of Valpro, in partnership with the local management team. Financing for the transaction was provided by Signet Bank.
Learn more