Assotech acquired by Unigasket
Context
The acquisition of Assotech by Unigasket, an Italian group specializing in the production of tubes and joints for various industrial sectors, is the outcome of an external growth strategy implemented by the group in partnership with its majority shareholder, Palladio Holding. This transaction enables Unigasket to strengthen its market positioning in high-growth niches and expand its product portfolio. With revenues now exceeding €100 million, and an export share of around 60%, the group plans to continue its expansion as an aggregation platform through synergistic and targeted acquisitions focused on increasingly core materials in next-generation technologies. In parallel with this external growth, the group has implemented an investment plan to enhance its production capacity, improve efficiency, and broaden its offerings.
Assotech, which reported an EBITDA margin of [members only] in 2024, is valued in this transaction at an EV/EBITDA multiple of 5x–12x, standing directly in line with the average observed in the Industry & Manufacturing sector (11.3x in 2025).
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Target
Assotech is an Italian company specializing in the assembly and marketing of rubber profiles for the earthmoving machinery and forklift markets, as well as the rail and agricultural sectors. Founded by the Benincasa family, the company boasts over 50 years of experience in its field and offers high-value-added products and innovative technical solutions. In 2024, Assotech generated revenue of approximately €10 million. While the company operates primarily in Italy, it has also established partnerships with foreign enterprises to distribute its products internationally.
Ent. Value
€50–150M
Equity Value
[members only]
Multiples
EV / Revenue
1x–3x
EV / EBITDA
5x–12x
EV / EBIT
[members only]
Historical Financials (EUR)
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REFERENCES
Valuation range: EV €50–150M
Revenue range: €50–100M
EBITDA range: €5–25M
EV/Revenue range: 1x - 3x
EV/EBITDA range: 5x - 12x
Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of Assotech by Unigasket are reserved for mynth community members. Register for free to unlock full data.
Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.
Press release: view release
Target: assotech
Acquirer: unigasket
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