With a team led by Ludovico Corbetta, SRI Group acted as buy-side advisor to Lifco AB in the acquisition of a majority stake in Brevetti Montolit SpA, an historical Italian firm based in Cantello (VA), that manufactures high-end professional tile cutting tools; a cornerstone industry of the Made in Italy around the world.
With reported net sales of approximately EUR 18.5 million and 36 employees, Brevetti Montolit SpA will become part of the Demolition & Tools Business Area of Lifco AB, the Swedish industrial investment holding, listed on the Nasdaq Stockholm and focused on the acquisition of highly profitable companies, leaders in their market segments. As of today, Lifco AB boats more than 200 companies in 31 countries worldwide with a consolidated turnover of nearly EUR 2.1 billion.
Thanks to the new partnership, Brevetti Montolit SpA will accelerate its international growth path, leveraging on its historical know-how together with the innovativeness that has always been a uniqueness and major strength of the company since its foundation in 1946 by Vincenzo Montoli; and which is reflected in the continuous R&D activities and company’s groundbreaking patents portfolio.
Brevetti Montolit SpA has been advised by Studio Broggini, with a team led by founder and Partner Marco Broggini, for all the financial and tax aspects, as well as by Avv. Roberto Vagaggini, Partner of Studio Legale Vagaggini for the legal aspects.
Lifco AB relied also on CMP Law firm for all the legal aspects, with a team led by Partner Dario Picone, and on KPMG for financial and tax matters, with a team led by Partner Domenico Litido.
