At what enterprise value was OFFICINE MINELLI acquired in 2026?

You can find the full valuation details of OFFICINE MINELLI on mynth capital. By registering for free, you get access to complete and exact transaction details including enterprise value, revenue, and EBITDA. Additionally, our database shows that the Industry & Manufacturing industry currently tracks an average EBITDA multiple of 11.2x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of OFFICINE MINELLI when it was acquired by GRUPPO CARNOVALI?

The exact EV/EBITDA multiple for OFFICINE MINELLI is available on mynth capital. For comparison, the Industry & Manufacturing sector currently shows an average EBITDA multiple of 11.2x. Join our community for free to access full valuation data and industry trends.

When was OFFICINE MINELLI acquired by GRUPPO CARNOVALI?

OFFICINE MINELLI was acquired by GRUPPO CARNOVALI in 2026.

What is Enterprise Value (EV)?

Enterprise Value (EV) is a measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization. EV includes in its calculation the market capitalization of a company but also short-term and long-term debt as well as any cash on the company's balance sheet.

What is the EV/EBITDA multiple and why is it used?

The EV/EBITDA multiple is a financial ratio that compares a company's Enterprise Value (EV) to its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). It is widely used in M&A and valuation because it allows for comparisons between companies with different capital structures and provides a clear view of operational profitability.

How is the data for the OFFICINE MINELLI 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 OFFICINE MINELLI 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://livingstonepartners.com/it/transaction/livingstone-advises-on-the-acquisition-of-officine-minelli-by-carnovali-cbs-group/

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Home Database Industry & ManufacturingOFFICINE MINELLI

06/2026

OFFICINE MINELLI acquired by GRUPPO CARNOVALI

ITALY Industrial Equipment / Special Machinery / Lifting & Handling REV 1m EUR - 100m EUR

Context

The Carnovali-CBS Group has acquired 100% of Officine Minelli, a leading Italian manufacturer of industrial loaders for recycling activities, as part of an industrial consolidation strategy aimed at strengthening its integrated platform of equipment and solutions for the circular economy. The transaction involves the minority reinvestment of Officine Minelli's historical management and shareholders in the acquiring group, demonstrating their commitment to supporting the next phase of development. Stefano Minelli, William Minelli, and Roberto Fiorini will retain active roles in the company's operational management, ensuring managerial continuity and preserving the expertise developed over the decades. This acquisition is a key component of Carnovali-CBS's consolidation strategy in the market for equipment dedicated to waste collection, treatment, and valorization. The integration of Officine Minelli enables the group to expand its product portfolio through the addition of industrial loaders, a complementary activity to its existing ranges of containers, compactors, detachable equipment, and specialized trailers. The two companies exhibit significant industrial, commercial, and technological synergies, allowing them to offer a more comprehensive solution to recycling operators. The newly formed entity aims to strengthen its position in the Italian market while pursuing international expansion. Expected synergies include the sharing of commercial networks, optimization of industrial capacities, expansion of service offerings, and accelerated product innovation. The transaction was financed by a banking pool comprising BCC Banca Iccrea, UniCredit, and BCC Del Garda. By acquiring Officine Minelli, Carnovali-CBS reinforces its commitment to the circular economy and solidifies its position as a leading player in the European waste management and recycling industry. The combined entity is well-positioned to capitalize on growing demand for sustainable and environmentally responsible solutions, driven by increasingly stringent regulations and evolving consumer behaviors.

OFFICINE MINELLI, which reported an EBITDA margin of LOGIN in 2026, 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 (11.2x).

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 the 1950s and headquartered in Cazzago San Martino, Lombardy, Officine Minelli is a leading Italian manufacturer specializing in the design and production of industrial loaders for the recycling, waste management, and material handling sectors. With over 70 years of experience, the company has established itself as a trusted player in its market, renowned for the robustness, reliability, and performance of its equipment in demanding industrial environments. Officine Minelli develops machines for handling and loading waste, scrap metal, recyclable materials, and other industrial flows. The company's expertise spans the entire product development cycle, from mechanical design to manufacturing and technical support. What sets Officine Minelli apart is its ability to provide tailored solutions to meet the specific needs of its clients, whether they are sorting facility operators, recyclers, environmental operators, or industrial players.

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2025

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REFERENCES

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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).

Target: officine minelli

Acquirer: gruppo carnovali