Skip to main content

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.

For more information on companies in this article

Related Content

  • Cifa focuses on new technology for 2014
    March 11, 2014
    In 2014 Zoomlion-owned Cifa plans to manufacture a further 15 of its innovative hybrid Energya 8 and 9 plug-in truck mixer prototypes to add to its two existing models. The globally renowned concrete equipment sector firm also aims to sell the first of these new plug-in truck mixer models next year. Among the new machines and equipment resulting from a €2 million-a-year R&D investment in Cifa and Zoomlion products over the last five years, the Energya 8 and 9 models, the latter of which was launched at bau
  • Cifa focuses on new technology for 2014
    March 11, 2014
    In 2014 Zoomlion-owned Cifa plans to manufacture a further 15 of its innovative hybrid Energya 8 and 9 plug-in truck mixer prototypes to add to its two existing models. The globally renowned concrete equipment sector firm also aims to sell the first of these new plug-in truck mixer models next year. Among the new machines and equipment resulting from a €2 million-a-year R&D investment in Cifa and Zoomlion products over the last five years, the Energya 8 and 9 models, the latter of which was launched at bau
  • Utility Expo and ATSSA team up in Kentucky
    May 17, 2023
    The American Traffic Safety Services Association (ATSSA) will be presenting safety educational offerings at the show from September 26-28 in Louisville, Kentucky.
  • Recycling asphalt in an Ammann plant
    July 7, 2021
    An asphalt plant from Ammann has played an important role in a highway project in the Czech Republic.