RAVAGLIOLI GROUP acquired by DOVER CORPORATION
Context
Dover Corporation acquired Ravaglioli S.p.A. Group. This acquisition was driven by the strong complementarity between Ravaglioli's product portfolio (particularly in tire and wheel equipment) and Dover's existing Vehicle Service Group (VSG). The deal allows Dover to expand its European footprint and leverage cross-selling opportunities across its global distribution channels. The integration aims to create a comprehensive "best-in-class" suite of products for automotive workshops worldwide.
RAVAGLIOLI GROUP, which reported an EBITDA margin of LOGIN in 2016, 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 (11.6x).
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Target
Headquartered in Bologna and founded in 1958, Ravaglioli is a historic European leader in the manufacturing of automotive service equipment. The company specializes in heavy-duty and light-vehicle lifts, as well as tire and wheel service equipment (changers, balancers) and diagnostic testing systems. With a strong manufacturing footprint in Italy and over 650 employees, Ravaglioli serves a global network of workshops, car dealerships, and fleet operators. In 2016, the company generated annual revenues of approximately EUR150 million.
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Historical Financials (EUR)
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REFERENCES
Valuation range: EV 100M - 350M EUR
Revenue range: 100M - 200M EUR
EBITDA range: 10M - 30M 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
Target: ravaglioli group
Acquirer: dover corporation