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

  • How waste plastic and soybean oil are helping our roads last longer
    April 13, 2018
    A new super-modifier is born from waste plastic in Italy and a soybean-based rejuvenator from the US spreads from its home market. By Kristina Smith The two bitumen technologies featured this month come from almost opposing sources. One emerges from the human-created plastic waste plaguing our planet, the other from a plant. However, both technologies have been created with the same aims: to increase the life of roads, saving cost and ultimately reducing the impact of road building on the planet. A coll
  • Italy's strategic tunnel link
    August 21, 2012
    The world's largest tunnelling machine is completing Italy's important road connection between Bologna and Florence - Adrian Greeman reports For just under a decade a huge programme of highway construction has been underway in the mountainous region between Bologna and Florence, realigning a section of the A1 highway nearly 70km long. The new section, through major tunnels and across high viaducts, will greatly increase capacity on Italy's most important highway.
  • Wacker Neuson sees profits rise
    March 30, 2022
    Wacker Neuson is seeing its profits rise.
  • Cummins sets new quarterly trading record in strong growth period
    November 6, 2023
    Cummins has set a new quarterly net cash from operating activities record of US$1.5bn, a huge rise on the $382mn in Q3 2022.