EGM’s business unit ILNOR has been acquired by KME Group SpA
S.A. Eredi Gnutti Metalli S.p.A. (EGM) has sold its business unit ILNOR to KME Group SpA.
ILNOR is EGM’s rolled products business division that produces and sells excellent solutions in rolled products made of copper and copper alloys to the international market. ILNOR serves the automotive, household appliances, construction, heat exchangers, bathroom fittings, furniture components, telecommunications and fashion industries.
With its eight production plants in Germany, France, Italy, China and the USA, KME is one of the world’s largest manufacturers of copper and copper alloy products. KME offers innovative product solutions tailored to the respective individual requirements of its customers from various industrial sectors. KME is divided into two corporate divisions – the copper division (rolled products) and the special division (special products) – and has a worldwide sales network. The company is run by IntekGroup Spa.
With 160 years of history and based in Brescia, Italy, EGM is among the leaders in Europe in the production of brass bars and strips of copper and its alloys, including brass, bronze and special alloys. The company serves large industry and specialty customers in the automotive, building, electric, electronic, fashion, heat exchange, home appliances, hydro sanitary, mechanics, renewables and transformers industries.
Oaklins’ team in Italy assisted Eredi Gnutti Metalli S.p.A. throughout the transaction.
Talk to the deal team
Related deals
Sunlight Group has acquired a 51% stake in Lehmann Marine GmbH
Through its acquisition of a 51% stake in Lehmann Marine GmbH, Sunlight Group continues to strengthen its position in the growing energy solutions market, while expanding its portfolio of innovative technologies. With over 30 years of expertise in producing lead-acid and lithium-ion batteries, Sunlight Group has established itself as a leader in advanced battery technology.
Learn moreT BAILEY has been acquired by Saothair Capital Partners
Saothair Capital Partners has completed the acquisition of T BAILEY. This transaction will provide T BAILEY with the resources needed to continue delivering exceptional service to its customers and strengthen its position in the marketplace.
Learn moreMark Climate Technology has acquired Heber GmbH
Heber GmbH has been acquired by Mark Climate Technology, a specialist in climate control systems and a portfolio company of Bolster Investment Partners. This partnership strengthens the positions of both companies in the global market for innovative and sustainable climate solutions, as well as creating unique synergies. Mark Climate's expertise in standardized, scalable solutions is enhanced by Heber's emphasis on customer-specific customization.
Learn more