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

  • Construction materials and road design in East Africa
    June 25, 2013
    An envisaged shortage in the supply of angular rock or crushed stone in Tanzania and a determination to conserve the environment by Kenyan authorities dictated the engineering design of a multi-national road linking the two largest economies in Eastern Africa. Shem Oirere reports The cost of buying crushed stone or hiring a site for mining the material and the expenses of moving it from the crushing site to the project area, saw designers opt for an intermediate alignment and discarding of the inner and out
    Read More
  • SDLG aims to be top Chinese brand
    April 20, 2016
    SDLG has set itself a target to become China’s number one construction brand by 2021. Shandong Lingong Construction Machinery (known as Lingong), said it is already spending 10% of its sales revenues on research and development, and it claims up to 70% market share in a number of countries for its wheeled loaders, its largest-selling product.
    Read More
  • World’s largest bridge deck for KAIA expansion
    December 16, 2013
    A bespoke formwork solution from RMD Kwikform is playing a key role in creating the largest ever airport cast bridge deck as part of the multi-billion dollar expansion of King Abdulaziz International Airport near Jeddah, Saudi Arabia. The firm is also a leading player in the creation of arterial tunnels under the airport’s elevated roads, another key part of the project’s first phase works due for completion in 2014. Guy Woodford reports
    Read More
  • ERF aims to boost the voice of road infrastructure in EU research policy
    July 1, 2013
    As of 1 January 2014, the European Union's (EU's) next Multi-Annual Financial Framework for the period 2014–2020 will come into effect. One of the key components of this European strategy aimed at boosting competitiveness and increasing Europe’s innovation potential is the EU’s Strategic Framework for Research and Development called ‘Horizon 2020’. Recognising that without research and development, Europe cannot maintain the industrial leadership it currently holds in many areas, European leaders look set t
    Read More

Highlighted Content