Air Power has sold a majority stake to Entangled Capital
The shareholders or Air Power have sold a majority stake in the company to Entangled Capital SGR S.p.A.
Air Power is a family-owned company and is one of the leading Italian manufacturers of machines for the ceramic sector. The company designs and manufactures machinery for the industrial processing of ceramics: conveyor lines for tiles, machinery for moving tiles and application machinery for wet and dry glazing. In 2021, the company recorded revenues of US$26 million (of which 40% in Asia, 30% in Italy, 18% in Europe and 10% in America) and US$5 million EBITDA.
Entangled Capital SGR is an independent Italian asset management firm that promotes and manages a private equity direct fund in small mid-cap companies, with an operative approach combining the track record of the investment team with the industrial experience of the operating partners.
Oaklins’ team in Italy acted as the exclusive financial advisor to Air Power in this transaction.


Talk to the deal team
Related deals
iwell raises US$31 million to deploy its leading European smart battery storage solutions into new markets
iwell, a developer of smart energy management (EMS) and battery storage systems (BESS), has successfully closed a US$31 million (€27 million) funding round. The round was led by Meridiam, with Invest-NL and Rabobank participating, alongside existing investors.
Learn moreQuantum Base Holdings plc has completed its official admission to AIM
Quantum Base began trading on the London Stock Exchange’s AIM market under the ticker QUBE following a US$6.4 million (£4.8 million) fundraising round. The company develops Q-ID tags, a quantum-based authentication technology designed to prevent counterfeiting by leveraging atomic-level randomness. Proceeds from the listing will fund product development and commercial expansion, including new operational and commercial hires.
Learn moreHe-Man Dual Controls has been acquired by Lagercrantz UK Limited
Lagercrantz UK Limited has acquired 100% of the shares in HM Holding Limited (He-Man Dual Controls), a leader in supplemental control systems for vehicles.
Learn more