Patelec Group takes majority stake in FCM
Context
Patelec Group has acquired a majority stake in FCM srl to strengthen its industrial capacity and expand its product range in wiring and industrial automation. The operation is carefully structured to ensure absolute operational and strategic continuity, with the original founding siblings retaining a significant minority shareholding and remaining actively involved in the enterprise's daily management. Following a previous major acquisition in the sector, this new integration marks a crucial milestone in Patelec Group's ongoing consolidation roadmap. The primary strategic rationale underpinning this partnership is to drastically strengthen the combined entity's industrial manufacturing capabilities and massively broaden the comprehensive suite of integrated electrical and automation services offered to their combined client base.
FCM, which reported an EBITDA margin of [members only] in 2024, is valued in this transaction at an EV/EBITDA multiple of [members only], to compare with the average currently observed in the Industry & Manufacturing sector (11.7x in 2026).
-> Deep-dive in Industry & Manufacturing market trends
Target
Founded in 1999, FCM is a specialized Italian manufacturer focusing on the design, production, and installation of complex electrical panels, custom wiring, on-board machinery, and advanced pneumatic and robotic systems. The company operates two main sites in the Marche region and employs approximately 30 people. It serves the industrial sector with complete process automation, pneumatic, and robotic systems.
Ent. Value
[members only]
Equity Value
[members only]
Multiples
EV / Revenue
[members only]
EV / EBITDA
[members only]
EV / EBIT
[members only]
Historical Financials (EUR)
Other operations with Patelec Group
| Date | Acquirer | Target | Country | Sector |
|---|---|---|---|---|
| 11/2023 | PATELEC GROUP | PHOENIX ELECTRONIC SYSTEM | ITALY | Electrical Equipment |
Similar deals in Industrial Equipment
| Date | Acquirer | Target | Country | Sector |
|---|---|---|---|---|
| 04/2026 | NEXANS | REPUBLIC WIRE | UNITED STATES | Cabling & Connectivity |
| 04/2026 | KONE | TKE (THYSSENKRUPP ELEVATOR) | GERMANY | Special Machinery |
| 03/2026 | ORIGIN GROUP | POLSON & MBC GROUP | NETHERLANDS | Valves, Pumps & Taps |
| 03/2026 | 3M / BAIN CAPITAL | MADISON FIRE & RESCUE | UNITED STATES | Safety & Security |
| 03/2026 | SMITHS GROUP | DRC HEAT TRANSFER | UNITED STATES | Boilers & Thermal Solutions |
| 03/2026 | ITT | SPX FLOW | UNITED STATES | Special Machinery |
| 03/2026 | LSI INDUSTRIES | ROYSTON GROUP | UNITED STATES | Commercial & Retail Equipment |
| 03/2026 | SYNGROH CAPITAL | KRAFT & BAUER HOLDING | GERMANY | Safety & Security |
| 02/2026 | MICHELIN | FLEXITALLIC GROUP | UNITED STATES | Components |
| 02/2026 | INFLEXION | MARIOFF | FINLAND | Safety & Security |
REFERENCES
Revenue range: REV €5–25M
EBITDA range: €0–5M
Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of FCM by Patelec Group 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.
Acquirer: patelec group
FAQ
What transaction does this page cover?
What were FCM’s revenue and EBITDA at the time of the deal?
How does the valuation of FCM compare to benchmarks in the Industry & Manufacturing sector?
What sources support the information on this transaction?
What is mynth?