Bonfiglioli makes key acquisition

Bonfiglioli is making a key acquisition that will expand its operations.
By MJ Woof March 18, 2021 Read time: 1 min
Bonfiglioli is expanding its operations and product capabilities with a key acquisition
Bonfiglioli is making a key acquisition of Sampingranaggi from Bentivoglio. This acquisition confirms the interest Bonfiglioli had already expressed in Sampingranaggi. The move preserves and consolidates the Sampingranaggi strategic supply chain and is said to strengthen its role as a technological pivot for the Bologna regional and metropolitan area.

The company won the auction at the Court of Bologna for the acquisition for the sum of €7,158,000. The acquisition includes the assets of the Italian and Chinese Sampingranaggi companies (Bentivoglio –BO, Funo di Argelato-BO and Shanghai-China), the respective warehouses, the Sampingranaggi brand, patents, designs and products for robotics, as well as the staff.

Sampingranaggi's 2020 turnover was €21 million, of which €15 million was in Italy and €6 million in China.

Bonfiglioli had earlier signed a "Bonfiglioli/Sampingranaggi integration agreement” with the Emilia-Romagna Region, Metropolitan City of Bologna and FIOM-CGIL Emilia Romagna. FIOM-CGIL Bologna and the Sampingranaggi joint trade union representatives (RSU), a pact that the Group has declared complementary and functional to its own bid, with a view to safeguarding the production continuity of Sampingranaggi and the people who work there, currently about 80 employees.

A priority will in fact be the development of the workforce, through the Bonfiglioli Academy's continuous training.
Engines, Components & Tyres

For more information on companies in this article

Related Content

  • New deals between testing equipment companies are good news for customers
    May 22, 2014
    This month we report on two very different deals which see materials testing equipment companies in Italy and Australia joining forces and the result should be more competition, better machines and better prices for customers - Kristina Smith writes Italy’s CONTROLS Group has acquired Autralia’s IPC Global in a deal signed on 31 March this year.The first of two deals which see Italy and Australia joining forces came in March this year. CONTROLS Group acquired Australian material testing equipment manufactur
    Read More
  • Salini Impregilo morphs into Webuild
    May 19, 2020
    The name of a major player on the international construction scene has changed.
    Read More
  • Wirtgen going for growth
    May 28, 2012
    The Wirtgen Group has held a highly successful Technology Days event at the brand new Kleemann facility in Göppingen near Stuttgart. Some 2,600 people attended this year's event, the largest of the three held so far by the firm. A key focus for this year was highlighting the full integration of the Kleemann crushing equipment operation within the Wirtgen Group. The previous Technology Days events were held at the Hamm facility in Tirschenreuth and at the Wirtgen headquarters in Windhagen. Following the Kle
    Read More
  • Samoter organisers bullish for next event
    October 7, 2019
    The organisers of the upcoming Samoter construction machinery show are bullish about the 2020 event. According to the show organisers, registrations are up 39% and bookings up 66% from the previous event. Liebherr and Wacker Neuson return after the last attending the trade fair in 2011. Confirmations have also been received from Bobcat, Doosan, Eurocomach, Hidromek, Hyundai, Komatsu, Sany, Takeuchi, Venieri and Yanmar The event, the 31st Samoter exhibition, is benefiting from larger show areas in the hal
    Read More

Highlighted Content