|Next Advisor, led by Mr. Paolo Ragazzi, acted as Financial Advisor of Assietta Private Equity SGR, which, through the Assietta Private Equity IV fund, acquired 70% of Mix Srl. Mix is an Italian company leader in the design and production of machinery for the mixing and treatment of powders, pastes, fibers and liquids used in food, chemical and pharmaceutical industries. The founding members will continue to hold the minority stake of the Company. “The operation“, explained, “confirms the growing interest from national and international private equity funds in the mechanical district of Emilia“.
Founded in 1990 and based in the province of Modena, Mix Srl expects to achieve a turnover of around € 11 million and an EBITDA of more than 20% in 2018. The entrance of APE in Mix Srl is aimed at internationalization, as well as approaching new markets and application sectors, achieved both through internal and external growth.
The Assietta Private Equity IV fund has € 60 million of committed capital to invest in small and medium-size businesses, active in industrial sectors as mechanical engineering and manufacturing, heart of Italian SMEs.