Wise Equity and MEP: A Partnership for Growth
Wise Equity, the management company of the Wisequity VI fund, and A.C.M. S.r.l., the sole shareholder of Macchine Elettroniche Piegatrici S.p.A., announce the signing of a binding agreement for the investment of Wisequity VI in the capital of MEP.
MEP, thanks to a solid operational structure, an international presence, and a wealth of know-how accumulated over almost 60 years of market presence, is a world leader in the production of machinery for processing steel reinforcing bars used in reinforced concrete structures, with applications mainly in the infrastructure sector. The company's distinctive positioning lies in its ability to guarantee not only high-quality products, automation, production efficiency, safety, and qualified service, but also high standards of after-sales assistance and spare parts to its large customer base.
The company, headquartered in Reana del Rojale (Udine), with a plant in Križevci (Croatia) and commercial branches in Spain, France, Poland, Austria, the United States, Brazil, and South Korea, expects to close 2023 with a turnover of over 100 million euros, approximately 90% of which is generated abroad, in over 100 countries.
MEP's global leadership position in the critical machinery sector within the reinforced concrete supply chain for infrastructure, its strong export orientation, and the solidity of its management team have led Wise Equity to invest in the project, which has strong prospects for both organic and external growth.
The transaction involves the acquisition of a majority stake by Wisequity VI, the significant reinvestment of MEP's chairman Giorgio Del Fabro, and the investment of the current co-general managers Dr. Paolo Schneider Savio and Dr. Christian Leschiutta, who will ensure the company's management continuity.
The transaction represents the first investment of Wisequity VI, the fund launched by Wise Equity last May with a capital of 400 million euros.