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03/2023

PRIMA INDUSTRIE acquired by ALPHA PRIVATE EQUITY / PENINSULA CAPITAL

ITALY Industrial Equipment / Special Machinery / Machine Tools EV 300M - 700M EUR

Context

Femto Technologies S.p.A. has entered into separate, definitive share purchase agreements to acquire an initial 50.1% controlling majority stake in Prima Industrie S.p.A., launching a strategic public-to-private transaction. The initial block acquisition was structured as an all-cash transaction priced at a fixed baseline of €25.00 per share. The closing of this initial phase was bound by standard institutional conditions precedent, including multi-jurisdictional foreign direct investment (FDI) clearance, European antitrust approvals, and secured debt funding confirmations. The transaction's core investment thesis is centered on executing a full corporate squeeze-out and delisting the industrial technology asset from the public markets. Following the completion of the block trade, the acquiring consortium is legally bound to launch a mandatory totalitarian tender offer (MTO) for all remaining outstanding public shares at the same baseline price. By taking the company private, the sponsors intend to eliminate public market constraints, providing the group with maximum structural flexibility and robust long-term capital backing. The post-closing corporate roadmap is designed to aggressively navigate global sector consolidation, accelerate cross-border expansion, and implement an institutionalized management incentive program to drive long-term value creation.

PRIMA INDUSTRIE, which reported an EBITDA margin of LOGIN in 2023, is valued in this transaction at an EV/EBITDA multiple of LOGIN, representing a LOGIN to 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

Prima Industrie operates as a premier global developer and manufacturer within the industrial laser systems and advanced sheet metal processing machinery sector. The company’s business model is built on large-scale B2B industrial engineering, specializing in the production of complex CNC machinery, 2D and 3D laser cutting equipment, punching tools, and fully automated manufacturing lines. It targets high-specification, capital-intensive end-markets globally, including advanced manufacturing, automotive, aerospace, and heavy machinery industries. The entity's value proposition is anchored in its deep engineering know-how and a strong corporate commitment to research and development, allowing it to continuously transform technical expertise into premium automation products. Supported by an extensive international production and commercial network, the company leverages its consolidated operational infrastructure to drive global market penetration.

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Historical Financials (EUR)

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REFERENCES

Valuation range: EV 300M - 700M EUR

Revenue range: 450M - 900M EUR

EBITDA range: 25M - 50M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of PRIMA INDUSTRIE by ALPHA PRIVATE EQUITY / PENINSULA CAPITAL are reserved for mynth community members. Register for free to unlock full data.

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).

Acquirer: peninsula capital / alpha private equity