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

Note that this data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.

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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.

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Historical Financials (EUR)

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2024
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REFERENCES

Revenue range: 0M - 5M EUR

EBITDA range: 0M - 5M EUR

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Authors: verified mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).

Press release: view release

Acquirer: piovangroup