October 2006

Eidos Partners announces the closing of the management buy-in of Motovario, a leading Italian manufacturer and seller of power transmission components for industrial and civil applications, by BS Private Equity.

BS Private Equity, through its BS Investimenti IV fund, has purchased a majority stake in Motovario from Power Transmission Finance, a family-owned industrial conglomerate which will re-invest in the transaction.

BS Private Equity’s investment in Motovario aims at strengthening the group’s commercial and production strategies (especially in the United States and China), with the goal of boosting Motovario’s leadership position in the market.

Eidos Partners acted as financial advisor to Motovario.

 

 


 

Motovario (www.motovario.it), established in 1965 in Formigine (Modena), is a leading designer, manufacturer and distributor of power transmission products, including gear reducers, gearboxes and electrical motors for industrial and civil applications. Motovario operates two factories in Modena and has commercial and assembly subsidiaries in Spain, France, China, the United States, Denmark, Sweden, Germany and the United Kingdom. The group’s turnover is forecasted to reach approximately €110 million by the end of 2006, with an EBITDA of €24 million.

BS Private Equity (www.bspeg.com) is one of Italy’s leading private equity firms, investing in manufacturing and service companies. As of today, BS Private Equity, through its latest fund of €550 million BS Investimenti IV, has completed 14 investments, for a total equity commitment of approximately €400 million.

Eidos Partners (www.eidospartners.com) is an independent investment bank focused on the design, definition and realization of mergers, acquisitions and disposals of companies, on quotations on the stock exchange and on corporate financial restructurings. Eidos Partners’ mission is to provide the highest-quality financial and strategic advice to Italian companies and to other international companies and entities operating in Italy. Eidos Partners enjoys outstanding access to companies and investors throughout the world as a result of its relationship with the Close Brothers Group.

 


Transaction Type
Sale

Industry
Advanced
Manufacturing

 

John Andrew
Partner
Tel. +39 02 8597 9286
john.andrew@eidospartners.com

Marco Varini
Partner
Tel. +39 02 8597 9255
marco.varini@eidospartners.com

Marco Savini
Associate Partner
Tel. +39 02 8597 9266
marco.savini@eidospartners.com

Carmine Visconti
Executive
Tel. +39 02 8597 9221
carmine.visconti@eidospartners.com

Luigi Cutugno
Analyst
Tel. +39 02 8597 9229
luigi.cutugno@eidospartners.com