Salbid S.p.A. has launched a mandatory public tender offer for Salcef Group S.p.A.

November 2024 — Salbid S.p.A. has initiated a mandatory public tender offer for the shares of Salcef Group S.p.A.

Salbid is a vehicle owned by the Salciccia family and Morgan Stanley, created to facilitate the tender offer for Salcef Group and delist the company.

Salcef Group is an Italian leader in sustainable mobility solutions, specializing in the design, development and production of advanced systems for the railway industry. With over 70 years of experience, the group is now one of the global leaders in the sector, offering a comprehensive ecosystem of products and services throughout the entire life cycle of railway infrastructure. Its focus on innovation and strategic growth has helped create a unique business model combining multidisciplinary expertise with vertical integration. Boasting a fleet of over 1,100 railway machines, the group operates seven business units and 15 companies. It employs over 2,000 people, of whom more than 70% are blue-collar workers. Salcef Group’s production sites, including five in Italy (Lazio, Marche and Veneto) and one in Ohio, USA, operate with an Industry 4.0 perspective, representing cutting-edge industrial and research centers in their respective fields. Headquartered in Rome, the group has a strong industrial presence in Germany and the USA, conducting business across five continents.

Our role in the transaction

Oaklins Italy’s parent company, Banca Akros, acted as the appointed broker for the collection of shares in the mandatory public tender offer for 32.9% of Salcef Group’s shares by Salbid.