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Aksìa SGR and Quadrivio SGR sell Emmeci to Coesia

Aksìa and Quadrivio have sold their stake in Emmeci, a Florence-based specialist in the design, manufacturing and distribution of automatic machinery for packaging premium products for the cosmetic, electronic and fashion accessories industries.

Emmeci was founded in 1974 by three entrepreneurs with long-dated experience, technical and commercial know-how in the field and since then it has continuously strengthened its market leadership. Emmeci generates 85 per cent of its turnover in more than 30 foreign countries through its subsidiaries in France and USA and distribution partnerships.

Through this deal, Coesia – a EUR1.5 billion Italian group of advanced automated machinery and industrial process solutions – will enter the premium and luxury goods packaging market and Emmeci will further develop its international exposure and strengthen its proprietary technology thanks to Coesia international commercial network and engineering know-how. 

During their holding period, Quadrivio and Aksìa have strengthened the managerial structure of the company supporting its international expansion by reaching a significant presence not only Europe and in the US, but also in Asia (more than 25 per cent of the turnover is now generated in Asia). Emmeci closed the fiscal year 2015 with a turnover of more than EUR27 million (CAGR 2010-2015 +6 per cent).

The top management of the company is keen to proceed with this transaction and foresees a strategic, industrial and commercial continuity within the Coesia Group. Emmeci will present at the imminent Drupa (the main industry exhibition in Dusseldorf to be held at the beginning of June) a new line of machinery (MC2016) which includes all the mechatronic developments of the last few years.

Walter Ricciotti, CEO of Quadrivio Capital SGR says: “We are very satisfied with the development of the company, in these years Emmeci has consolidated its market position in its niche sector of automated lines for the production of rigid carton boxes for the luxury sector and was able to successfully enter in the growing Asian market.”

Stefano Guidotti, CEO of Aksìa Group SGR, says: “This deal has crowned the process of managerial transformation, technological innovation and internationalization occurred under Aksia Group’s holding period and will enable Emmeci to further strengthen its world-wide leadership.”

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