Deals

Vimercati acquires Progind

Manufacturing company of plastic and sheet metal parts

Background

Progind has been active for fifty years in the field of mold manufacturing for plastics and sheet metal. Today, it stands as a center of excellence not only in the automotive sector, but also in industries where design and aesthetics are paramount—such as cosmetics, appliances, and the Internet of Things. The entire process is managed in Italy, at its facility located in the province of Turin, and—when needed—with the support of carefully selected partners among the top players in both the national and international markets

Deal Summary

Vimercati S.p.A., a leading company in the industrial design and manufacturing of components and devices for the automotive market, has acquired Progind S.r.l., a family-owned business based in Azeglio, operating in the design and production of plastic and sheet metal molds. Through this transaction, Progind becomes part of a larger group where the sharing of expertise and technologies, combined with increased investment capacity, will serve as the foundation for new growth objectives and enhanced market competitiveness.

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Giovanni Panigada

Nash Advisory

T: +39 3485637999

Giorgio Barbero

Nash Advisory

T: +39 3498666518