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BRIT20210803001

Italian manufacturer of agricultural implements for tillage is looking for a manufacturing and/or financial partner to work under acquisition\financial\joint venture agreement

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ABSTRACT

Italian company produces and realizes implements (specialized agricultural machineries for working the soil and maintaining the natural turf) under its own brand.
The company is looking for a manufacturing and/or financial partner to conclude acquisition\financial\joint venture agreement, aiming to grow in terms of turnover and covered markets: specifically, merger of the company and/or full/partial acquisition of company shares (the company needs to move from its current production site).


FULL DESCRIPTION

The company, founded in 1972, has always been characterized to produce high-tech tools for intensive agriculture and high productivity. The historical headquarter has always been in the province of Bologna and the company is a family one.
The reliability of products is the result of a highly specialized construction, based on the experiences of four generations.
The design of products is based on the distribution of weights and dimensions to avoid unnecessary overloading of the tractors, which would become risky when working on slopes, to facilitate road traffic and maneuvering in tight spaces.
The construction is conceived in the smallest details for withstanding the greatest stresses: in particular, the dimensioning of gears, bearings and rotating shafts. The company is also at the forefront of manufacturing technology: it uses the most modern means such as the welding robot that guarantees error-free production and is considerably more resistant than traditional manual welding.
The company is looking for a manufacturing and / or financial partner for acquisition \ financial \ joint venture agreement aiming to grow in terms of turnover and markets covered: specifically, company merger and / or full / partial acquisition of company shares.
The ideal partner is an agricultural implements manufacturing company, not a competitor, with large spaces available (approximately 4,000 square meters between covered and uncovered required) to start together a growth path, avoiding dispersion of know-how and keeping brand awareness.
More pragmatically, by carefully harmonizing procurements between companies, fixed staff costs and raw material purchases could be reduced and optimized in a short time.
The company is solid, well capitalized, with an excellent bank rating, well rooted and recognized in its home market: its current size is limiting the reachable market thus a solid and reliable production and / or commercial partner is sought, to start a dialogue followed by a mutually profitable agreement.


Partner expertise sought:

- Type of partner sought: The ideal partner is an agricultural implements manufacturing company.
- Specific area of activity of the partner: The company is looking for a manufacturing and / or financial partner for acquisition \ financial \ joint venture agreement aiming to grow in terms of turnover and markets covered: specifically, company merger and / or full / partial acquisition of company shares.
The ideal partner is an agricultural implements manufacturing company, not a competitor, with large spaces available (approximately 4,000 square meters between covered and uncovered required) to start together a growth path, avoiding dispersion of know-how and keeping brand awareness.


Development Stage:

Already on the market


IPR:

Secret Know-how,Design Rights,Patent(s) applied for but not yet granted,Other - The company owns several expired patents, a couple of new utility models, proprietary and exclusive technical drawings. In addition, it has some important research and development projects related to new tools and new technologies in the field of agricultural machineries.

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KEY INFORMATION

Country of origin
ITALY
Profile date
10/08/2021
Deadline
11/08/2022

PARTNERSHIP(S) SOUGHT

Financial agreement Acquisition agreement Joint venture agreement

CLASSIFICATIONS

INDUSTRY SECTORS
Agriculture
TECHNOLOGY KEYWORDS
AGRICULTURE AND MARINE RESOURCES / Agriculture / Agriculture Machinery / Technology
COMMERCIAL KEYWORDS
none...
MARKET KEYWORDS
OTHER / Agriculture, Forestry, Fishing, Animal Husbandry & Related Products

FIND OUT MORE

Contact Enterprise Europe Network Scotland by email at info@enterprise-europe-scotland.com, quoting reference number BRIT20210803001

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