Metalcastello
Fineurop Soditic assisted private equity fund Alto Partners and the company’s minority shareholders in the sale of Metalcastello S.p.A. to Indian leading automotive manufacturer Mahindra & Mahindra Ltd and the Indian fund ICICI Venture. Metalcastello, based near Bologna, was originally founded in 1952 and is among the top gear manufacturers in Europe, focused primarily on the Off-Highway segment. The company’s product portfolio includes complex gears & shafts for use in vehicle transmissions and drivelines. Metalcastello employs 250 people and has revenues of around Euro 60 million, with an Ebitda margin of 25%. This acquisition enables Mahindra to expand geographically in the selected business and to acquire a top-client platform in the earthmoving, agriculture and defence business.