Mape Receives €10M Minority Equity Investment from Fondo Italiano di Investimento
The company intends to use the proceeds from the investment to grow in Italy and abroad, organically expanding R&D, and through acquisitions.
In 2010, Mape acquired Sweden-based Volvo Trucks’ production facility dedicated to manufacturing rods for industrial vehicles. The company had a turnover of €71m in 2011.
Led by president Giuseppe Pederzini, Mape specializes in the production of crankshafts, balance shafts, camshafts, connecting rods, cylinder-liners, barrels and cylinder heads. Main customers include companies operating in the high end automotive, motorcycle, recreational and industrial markets.
Mape, Fondo Italiano di Investimento,