Elmag

Fineurop Soditic acted as financial advisor to the sellers in the purchase of a 60% stake in Elmag performed by Scm Group of Rimini, leader in the production of woodworking machinery. Elmag, headquartered in Monza, is active in technological solutions and surface treatment machinery and systems and registered 2003 sales of Euro 15 million. Thanks to this acquisition Scm will be able to offer a comprehensive range of products including highly technological surface treatment machinery and systems. Scm Group is expected to generate a consolidated turnover of approximately Euro 470 million.