When was BHT acquired by PIOVANGROUP?

BHT was acquired by PIOVANGROUP in 2025.

What was the revenue of BHT at the time of the deal?

The revenue of BHT at the time of the deal is estimated to be in the range of 0M - 5M EUR.

What was the EBITDA of BHT during the acquisition?

BHT's EBITDA is estimated to be in the range of 0M - 5M EUR.

How is the data for the BHT acquisition sourced and is it reliable?

Mynth data is contributed by a professional community of M&A and Private Equity experts. Each transaction, including the BHT deal, is systematically cross-verified by our team using private deal documents and official sources. You can also find the official press release for this transaction here: https://www.piovan.com/fr/news/piovan-group-announces-binding-agreements-to-acquire-mixco-and-bht/

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Home Database Industry & ManufacturingBHT

03/2025

BHT acquired by PIOVANGROUP

ITALY Industrial Equipment / Process Engineering & Production Lines / Food & Beverage Lines REV 0M - 5M EUR

Context

PiovanGroup acquired 100% of both Mix&Co and BHT to enrich its technological portfolio and expand its presence in the food and industrial bulk handling segments. The management teams of both companies will remain in place to lead the new development phase. By integrating these specialized technologies—such as dosing units, mixers, and special valves—into its global distribution network, PiovanGroup aims to provide a more comprehensive "end-to-end" process solution for its global customers. The acquisitions also strengthen Piovan's industrial cluster in the Modena and Ferrara provinces, where it already maintains two production sites.

BHT, which reported an EBITDA margin of in 2024, is valued in this transaction at an EV/EBITDA multiple of , a level to compare with the average currently observed in the Industry & Manufacturing sector (11.6x).

-> Deep-dive in Industry & Manufacturing market trends

Target

Founded in BHT in designing dosing and conveying systems for powders, granules, and liquids. Its product range includes feeders, extraction machines, and pneumatic conveying systems, integrated with dedicated electronic control panels and software. The company serves the food, plastics, recycling, pet food, and chemical industries, exporting to over 13 countries.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year

Rev

EBITDA

EBIT

2024

2023

Similar deals in Industrial Equipment

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
Date	Acquirer	Target	Country	Sector
05/2025	LATOUR CAPITAL	ROLLAKIN (BOLLIN / ROLLIN)	FRANCE	Components
04/2025	Eaton Fiber	Fibrebond	UNITED STATES	Electrical Equipment
03/2025	ALFA LAVAL	FIVES ENERGY CRYOGENICS	FRANCE	Process Engineering & Production Lines
03/2025	PIOVANGROUP	MIX&CO	ITALY	Process Engineering & Production Lines
01/2025	WABTEC	EVIDENT INSPECTION TECHNOLOGIES	UNITED STATES	Instrumentation & Measurement
12/2024	JBT MAREL	MAREL	ICELAND	Food & Beverage Lines
11/2024	CRANE COMPANY	TECHNIFAB PRODUCTS	UNITED STATES	Valves, Pumps & Taps
10/2024	ARKEA CAPITAL	SEGEPO	FRANCE	Components
10/2024	SENSECA	BIRAL	UNITED KINGDOM	Instrumentation & Measurement
10/2024	FLOWSERVE	MOGAS INDUSTRIES	UNITED STATES	Valves, Pumps & Taps

REFERENCES

Revenue range: 0M - 5M EUR

EBITDA range: 0M - 5M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of BHT by PIOVANGROUP 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

Acquirer: piovangroup