Angelantoni Test Technologies Receives €8M Equity Investment from FII
Angelantoni Test Technologies, a Massa Martana, Perugia, Italy-based producer of testing equipment for electronic, electric, and mechanic materials and systems with applications in different fields such as automotive and aerospace, has received an €8m minority equity investment from Fondo Italiano di Investimento.
The investment aims to help the company expand its R&D efforts and make acquisitions in Italy and abroad.
Angelantoni Test Technologies, which is controlled by the Angelantoni family through Angelantoni Industrie SpA, has more than 400 employees and a turnover of €61m (90% of which developed abroad). It has R&D and production facilities in Italy, France, and Germany, where it is active through the following companies:
- ACS, that produces equipment in the field of environmental test chambers, stress screening systems, and space simulators;
- TIRA, that produces electrodynamic shakers, material testing systems and industrial balancing machines; and
- BIA, that has a background in the field of test benches and crash test systems for the automotive and aerospace sectors.
Angelantoni Test Technologies is led by CEO Gianluigi Angelantoni.