News

July 07, 2021

Translink advises the shareholders of FASP in the majority stake sale to IMA Group

Translink advised the shareholders of FASP, an industrial company based in Montecchio Maggiore (Vicenza), in the sale of 80% of its share capital to IMA Group, which will have the opportunity to acquire the remaining 20% stake. The transaction is expected to be closed at the end of July.

FASP
FASP Srl specializes in the development of systems for the manufacture of electric motors. They are involved in a range of activities, from the production of stand-alone machines and complex systems to the creation of fully automated turnkey lines. Thanks to its experience over forty years of continuous activity, FASP is the preferred partner for the major manufacturers of electric motors. They have a wide range of industrial customers in the elevators, home automation, submersible pumps, electric pumps and energy generator sectors. They also have a strong presence in the automotive sector, with a focus on powertrain applications.
www.faspautomazioni.com

IMA
IMA Group, publicly listed since 1995 and in the STAR segment since 2001, was delisted last January and is controlled by the Vacchi family. IMA is a world leader in the design, development and construction of automatic machines specialized in packaging (pharmaceuticals, cosmetics, and food). It has over 6,200 employees, 46 production sites and a commercial presence in over 80 countries around the world. In 2017, under its strategy of industrial and product diversification, IMA invested in ATOP SpA. ATOP is a world leader in the automation sector for the production of electric motors for various industrial applications with a focus on the automotive (powertrain) sector.
www.ima.it

The acquisition of a majority stake in FASP is part of IMA's strategy of technological reinforcement and product expansion in the automatic machinery sector. IMA is already present in the sector through its business automation division, which is particularly active in the electric, hybrid and plug-in traction motors market. FASP's know-how and complementary technology and sector coverage allow it to deliver standard or tailor-made systems characterized by advanced technology to optimize their customers' production with the most flexible and cutting-edge solutions under Industry 4.0.

Mauro Bussotti said, “The transaction was driven by a strong strategic rationale. IMA Group was chosen by the shareholders and founders of FASP for its clear potential for growth from the joint industrial plan. The transaction will allow IMA to expand its technology that is a worldwide benchmark in the field automated machinery and service lines for manufacturing electric traction systems. Thanks to its skills and track record, FASP will continue to serve the diversified needs of the non-automotive industrial world.”

Contact our Team Members advising in this transaction:
About Translink Italy

Translink Strempel & Co. is the partner firm of Translink Corporate Finance in Italy composed of seasoned finance professionals who have matured extensive experience in a variety of sectors and disciplines within some of the most important players both nationally and internationally in industry, finance and management consulting.

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  • As the market leader in digital first aid and safety training in Finland we wanted to find a partner that could help us expand also abroad. Translink introduced us to Presto and we rapidly found a common understanding on how to become the dominate player in this market segment in the Nordics.
  • "We are very pleased to close the sale of Clinicbuddy to Main Capital and Alfa, which is a market player we have worked with for several years.....We would have never been able to reach this stage of exceptional growth opportunities together with Main Capital without the professional support from Anecta Translink."
  • "For most people the sale of a business is the biggest, once in a lifetime transaction undertaken in business, appointing Translink to advise was a shrewd and very satisfying investment. The whole team took dedication and professionalism to a new level – Brilliant job!”
  • "I have been thoroughly impressed with Translink UK throughout the whole transaction. The team has been right by our sides from start to finish, their advice and communication has been clear, prompt, and professional, making the journey that much smoother."
  • “Translink-BHP Corporate Finance is a long-standing advisor to Greenhous Group and the disposal of SFS further reinforced the value of their quality, experience, and insight. BHP worked tirelessly to ensure strict timescales were met in a very professional manner.”

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    Translink proved to be a winner. We received global interest, from across Europe, the USA and China. BHP worked tirelessly, literally day and night to get the deal over the line in a very short timescale. I cannot recommend BHP enough, their dedication and international connections meant that we closed the deal well above our expected selling price.”

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    Mattias Kaneteg, Miss Group founder and CEO
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    Petri Granroth, CEO and shareholder of Visy
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    Translink Corporate Finance presented a significant list with very relevant international candidates, and a Danish buyer ended up making the best offer. The process was guided and controlled in a very professional way by Henrik and Claus.”

    Steffen Vogel, former owner of Cortex Technology
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    Brett Valliant, Corporate development director, Diploma Healthcare Group
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    Thomas Melgaard Petersen and Henrik Linnemann, former owners of AlfaNordic
  • "This transaction will allow us to seize significant growth opportunities in the North American market and, at the same time, create synergies in every operational area. I was impressed by the ability of Translink to originate this opportunity for us so close to the profile we were seeking in such a competitive market. This was our first acquisition outside of Italy. Nevertheless, Translink was able to make this complex and new experience, both in terms of norms and culture, seem familiar and manageable for us. I highly recommend Translink for companies wishing to expand abroad and especially for those interested in the United States.”

    Giulio Pedrollo, CEO of Pedrollo Group
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    Olavi Ruokonen, Former Chairman of the Board of
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    Mike Gibney, CEO of LSC
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    Tomi Pulkki, CEO and founder of HopLop Oy
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    Anneli Koivunen, Chairman of the Board of Priorite Group

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    Stefan Bellinger, Managing Partner of Carbox
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