AUCTUS Capital Partners acquires a majority stake in the share capital of Profiltubi

AUCTUS Capital Partners has signed a majority partnership agreement with the shareholders and managers of Profiltubi, a leading manufacturer of electro-welded steel tubes.

Profiltubi, with headquarters in Reggiolo (RE) and led by the Alfieri family, has been active for over 40 years in the production of steel tubes with high standards of quality and service. With distribution to more than 500 distributors in Italy, Germany, Switzerland, Austria, the Netherlands and France, the company generated revenues of more than €100 million at the end of 2019 and employed around 110 people.

Together with AUCTUS Capital Partners, Profiltubi aims to further expand its product range and continue its growth in Italy and abroad, particularly in continental Europe.

Banca Akros acted as exclusive financial advisor to the sellers.

Banco BPM, historically the company’s lender, provided the acquisition financing package for the Auctus fund while Banca Aletti has made contact with the Alfieri family for new partnerships.

The transaction represents an example of cross-selling and cross-origination driven by an M&A deal and confirms the consolidation of the Group’s role as a key player in extraordinary transactions in the Italian mid-market.

Corporate Finance Mergers & Acquisitions Companies
Banca Akros
Corporate Finance Mergers & Acquisitions Companies

 

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