Milan – CFI Italy is pleased to announce that they advised Emmeti SpA on its sale to Xenon PE.
Emmeti is a company involved in production of machinery for the food sector. Emmeti owns three other companies that were involved in the deal (Sipac, Mectra and Logik). Turnover of the group is in the range of Eur. 120 million.
Xenon PE is an established Italian PE investing in industrial mid size companies.
The whole selling procedure was organized and managed by CFI Italy.
The transaction closed on 27 November 2018.
sold a majority share to
its Exposure Machine Business to
Via Mechanics Limited, a company that engages in the research and development, design and engineering and manufacture of processing machines for electronic components, transfers its Exposure Machine Business to ADTEC Engineering Co. Limited, which designs and builds technologically advanced products