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

  • Chinese manufacturers LiuGong and XCMG in Europe
    October 16, 2012
    Both LiuGong and XCMG are increasing their manufacturing operations, with a focus on Europe - Guy Woodford reports The near 4,000m² site is situated about 35km from Amsterdam and is said to have convenient access to European cities via air, sea and highway. The European headquarters will serve as the Chinese firm’s sales hub, technical support base and spare parts distribution centre for existing and potential customers. “This new office will strengthen our presence as a top construction equipment manufactu
  • Strong first half 2022 for Wacker Neuson
    August 18, 2022
    Revenue in Europe for the first half-year rose 12.1 per cent relative to the previous year.
  • Liebherr is optimistic for its financial performance
    November 25, 2014
    At bauma China 2014, Liebherr announced new machines while also revealing its latest results. The company is optimistic for its financial performance, despite tough market conditions at present.
  • Liebherr is optimistic for its financial performance
    January 6, 2017
    At bauma China 2014, Liebherr announced new machines while also revealing its latest results. The company is optimistic for its financial performance, despite tough market conditions at present.