SCOUTING ASSISTS VIMI FASTENERS TO ACQUIRE 100% OF MF INOX
VIMI Fasteners S.p.A., a world leader in the design and manufacture of highly specialised mechanical fasteners, supplying the main industrial machinery and automotive manufacturers, has purchased 100% of the quota capital of MF INOX S.r.l. from the Meroni family.
MF Inox, based in Albese con Cassano, Como, designs and produces special fastener systems mainly for industrial plants and applications in such sectors as Oil&Gas, Energy and large infrastructure works. With 20 employees, the company generated revenues of Euro 6.4 million in 2017.
As a consequence of this acquisition and the pro forma consolidation of its 2017 financial statements, Vimi Fasteners, based in Novellara, Reggio Emilia, and wholly owned by the Storchi families, has increased group turnover to Euro 48.7 million with an EBITDA of Euro 8.0 million.
Vimi Fasteners was assisted in the transaction by Scouting S.p.A. as financial advisor and, in particular, by the M&A team led by Marco Musiani and Filippo Bratta, partners, and supported by Elena Montibeller and Elena Dal Pozzo, with a special contribution from Maurizio Bergomi of Studio Bergomi & Associati.