Mape Receives €10M Minority Equity Investment from Fondo Italiano di Investimento

Mape, a Bazzano, Bologna, Italy-based manufacturer of mechanical components, has received a €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.

FinSMEs

03/08/2012

Mape, Fondo Italiano di Investimento,

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