METALMECCANICA SPAGGIARI acquired by ENDEAVOUR
Context
Endeavour has signed a binding agreement to acquire a majority stake in Metalmeccanica Spaggiari from the founding family. The transaction facilitates a generational transition for the company. While the family members sold a significant portion of their holdings, the deal structure typically allows for some reinvestment or transition period. The new owners aim to professionalize the management and optimize operations to improve profitability, which currently stands at a modest level relative to revenues. The acquisition was supported by legal and financial advisors for both parties.
METALMECCANICA SPAGGIARI, which reported an EBITDA margin of in 2021, 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).
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Target
Based in Italy, Metalmeccanica Spaggiari specializes in the design and manufacturing of integrated solutions for the lifting, transport, and storage of Corporate materials. Its product range includes overhead cranes, jib cranes, and automated storage systems used in manufacturing and logistics. The company is a historic family-owned SME with sales of EUR5.7 million.
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Historical Financials (EUR)
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REFERENCES
Revenue range: 5M - 25M EUR
EBITDA range: 0M - 5M EUR
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Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.