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

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.