E.Go S.r.l. is an Italian company based in Florence and specialized in the construction of automatic lines to produce electric motors founded in 2010 by Marco Santandrea. It opened its capital to the entry of a new strategic partner, VBS s.r.l. of Reggio Emilia (Italy), an investment holding company of Vittorio Cavirani, co-founder and ex- partner of Elettric 80, with a long entrepreneurial experience in the world of mechanical automation.

Through a mixed transaction of capital increase and share purchase, VBS acquired 60% of E.Go, while founder Marco Santandrea will continue to hold 40% and lead the company as CEO.

With this transaction, E.Go strengthens its industrial capacity, thanks to the contribution of skills, experience and capital from VBS.

E.Go and VBS were assisted as financial advisor by the Mid Cap Advisory team of EQUITA - the Italian partner of Clairfield International. For the legal aspects, E.Go and VBS were assisted by Alberto Calvi di Coenzo of Avvocatidiimpresa, while Marco Santandrea was assisted by Gabriele Tremolanti of Tremolanti Studio Legale.

Marco Santandrea said: “It is a very important step for our company to open our capital to a highly experienced and competent industrial partner who has chosen to invest in us and our people to support our growth. Special thanks to all the employees and collaborators who have enabled us to get this far and who will be at our side in this new “season” of growth. We are confident that with the support of our new partner we will be even more able to meet the needs of our clients in Italy and abroad.”

Vittorio Cavirani said: “E.Go and its founder Marco Santandrea have gained great experience over the years in the design and implementation of automatic lines for the production of electric motors, and the company is now a platform with great potential. We are very happy to join forces with Marco to begin a new phase of the company's development. His role will be instrumental in achieving future results and we will be at his side to support him in this challenge.”

E.Go is active in the manufacture and marketing of machinery and complete lines for the production, assembly and testing of electric motors. 

VBS is the investment holding company of Vittorio Cavirani, a former shareholder of Elettric 80 (now owned by Luigi Berlusconi's investment holding company H14) and a great expert in industrial automation.