EQUITA assisted Ravaglioli

K Finance - Mid-market M&A advisory
Ravaglioli 1920x1080
Ravaglioli 1920x1080

Samiro Group S.p.A., the holding company of Ravaglioli Group ("Ravaglioli"), which includes the companies Ravaglioli S.p.A. (BO), Butler Engineering & Marketing S.p.A. (RE), Officine Meccaniche Sirio S.r.l. (FE) and Space S.r.l. (TO), announced today that it has sold its entire capital of the Group to the U.S.-listed multinational corporation Dover Corporation (NYSE:DOV), a group active globally in the production of automotive workshop equipment. Within the Dover Group, Ravaglioli will join Vehicle Service Group ("VSG"), a business unit of the Engineered Systems division.

Ravaglioli was assisted by K Finance, a partner of Clairfield International, the law firm NCTM, and Deloitte on vendor due diligence.

The transaction in a nutshell

2016 10 Tombstone Ravaglioli Dover

VSG and Ravaglioli together will be able to offer a range of excellent products to their customers present all over the world.

Client:
Ravaglioli
Date:
October 2016
Mandate:
Samiro Group, the holding company of the Ravaglioli Group, announced that it has sold the entire capital of the Group to the U.S.-listed multinational corporation Dover Corporation
Role:
Financial Advisor
Value:
Undisclosed
Typology:
M&A advisory
Advisor:
EQUITA Mid Cap Advisory

The company

Founded in 1958 and based in Bologna, Italy, Ravaglioli is a world-leading manufacturer of vehicle service and repair equipment, including lifting systems, tire shop equipment and diagnostic tools for cars, trucks, commercial vehicles and motorcycles. Ravaglioli's products, technology and customer base are highly complementary to those of VSG. Together, VSG and Ravaglioli will be able to offer a range of excellent products to their customers located all over the world.

Ravaglioli conducts its manufacturing operations in Italy and has sales branches in France, Spain, Germany, the United Kingdom and the United States, employing more than 650 people worldwide. Ravaglioli's annual sales in 2016 are estimated to amount to approximately €150 million (USD $165 million approx.).

Dover Corporation is a diversified industrial group with annual sales of about US$7 billion. Dover provides innovative equipment and components, specialized systems, and support services through four main divisions: Energy, Engineered Systems, Fluids, and Refrigeration & Food Equipment. Dover combines global scale presence and operational flexibility to establish itself as a leader in the markets in which it operates. With approximately 26,000 employees, Dover has been recognized for 60 years for its entrepreneurial approach geared toward maximum customer satisfaction. Dover is headquartered in Downers Grove, Illinois, and is listed on the New York Stock Exchange (DOV).