M&A Deal Summary

AUDI AG Acquires Ducati

On April 18, 2012, AUDI AG acquired automotive company Ducati S.p.A. from BS Private Equity, Emisys Capital SGRpA and Investindustrial for 900M EUR

Acquisition Highlights
  • This is AUDI AG’s 2nd transaction in the Automotive sector.
  • This is AUDI AG’s 1st largest (disclosed) transaction.
  • This is AUDI AG’s 2nd transaction in Italy.

M&A Deal Summary

Date 2012-04-18
Target Ducati S.p.A.
Sector Automotive
Buyer(s) AUDI AG
Sellers(s) BS Private Equity
Emisys Capital SGRpA
Investindustrial
Deal Type Add-on Acquisition
Deal Value 900M EUR

Target

Ducati S.p.A.

Bologna, Italy
website
Ducati is the European manufacturer and distributor in the niche of high-performance sport motorcycles with a 6.3% market share in the sport segment of the high displacement road market (greater than 500 cc). Ducati’s headquarters and manufacturing operations are based in Bologna (Italy).

Search 159,180 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

AUDI AG

Ingolstadt, Germany

website


Category Company
SectorAutomotive
Revenue 55.7B EUR (2019)
DESCRIPTION

AUDI is a German automobile manufacturer that designs, engineers, manufactures and distributes automobiles. AUDI is based in Ingolstadt, Germany.


DEAL STATS #
Overall 2 of 4
Sector (Automotive) 2 of 2
Type (Add-on Acquisition) 2 of 2
Country (Italy) 2 of 2
Year (2012) 1 of 1
Size (of disclosed) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1998-06-22 Automobili Lamborghini S.p.A.

Sant'Agata, Italy

Lamborghini is an Italian producer of luxury sports cars and other automobiles. The Company was founded in 1963 and is headquartered in Sant'Agata.

Buy $100M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-08-03 Nokia - HERE Digital Mapping and Location Services Business

Finland

HERE is a provider of navigation, mapping and location services. The Company builds high-definition (HD) maps and combine them with cloud technology to enable rich, real-time location experiences in a broad range of connected devices - from smartphones and tablets to wearables and vehicles.

Buy €2.8B

Seller(S) 3

SELLER

BS Private Equity

Milan, Italy

website


Category Private Equity Firm
Founded 1989
SizeSmall
Type Sector Agnostic
DESCRIPTION

BS Private Equity is a private equity firm that targets management buyouts and buy-ins of Italian manufacturing and service based businesses. BS Private Equity began investing in 1989 and today looks for businesses requiring an average equity investment of €30 million. BS Private Equity was formed in 1989 and is based in Milan. BS Private Equity has been in liquidation since 2011.


DEAL STATS #
Overall 9 of 14
Sector (Automotive) 1 of 1
Type (Add-on Acquisition) 4 of 5
Country (Italy) 7 of 12
Year (2012) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-10-01 GIOVANNI BOZZETTO S.p.A.

Filago, Italy

Giovanni Bozzetto is a provider of naphthalenesulfonated formaldehyde condensates used as plasticizers for concrete and applications in other markets. The company operates in three chemical segments: textiles, construction and additives for other applications. GIOVANNI BOZZETTO was founded in 1919 and is based in Filago, Italy.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-01-01 Selcom Elettronica SpA

Bologna, Italy

Selcom Elettronica SpA is an Italian company in the engineering, industrialisation and production of electronic components for all types of applications (automotive, telecommunication, industrial automation).

Sell -
SELLER

Emisys Capital SGRpA

Milan, Italy

website


Category Mezzanine Finance Firm
Founded 2013
PE ASSETS 130M EUR
SizeSmall
Type Sector Agnostic
DESCRIPTION

AF Mezzanine is a provider of junior capital to support leveraged buyouts, growth capital financings, as well as recapitalizations. AF generally focuses on mid-sized companies with sales of €50 to €500 million. AF does have any sector preferences, however the Firm prefers stable businesses with predictable cash-flows. The Firm's target investment size is €4 to €20 million. AF will not invest in start-ups or turnaround situations. AF Mezzanine is controlled by financial group Fineurop and is based in Milan.


DEAL STATS #
Overall 4 of 11
Sector (Automotive) 1 of 1
Type (Add-on Acquisition) 2 of 6
Country (Italy) 3 of 7
Year (2012) 1 of 2
Size (of disclosed) 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-09-01 Kabel Deutschland GmbH

Unterfohring, Germany

Kabel Deutschland is the cable television operator in Germany

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-11-29 Monviso SPA

Andezeno, Italy

Monviso SPA is an Italian producer of rusks, salt-free breadsticks, crispy bread, gluten-free products, and biscuits. Monviso produces different product ranges, such as Breakfast (which includes the renowned Biscotto Salute), Wellbeing low-salt products and Io Sono rusks), Organic, Snack, and Pastry. Monviso was established in 1936 and is based in Andezeno, Italy.

Sell -
SELLER

Investindustrial

London, United Kingdom

Investor Investor

website


Category Private Equity Firm
Founded 1990
PE ASSETS 11.0B EUR
SizeMega
Type Sector Agnostic
DESCRIPTION

Investindustrial is an investment firm focused on creating global leaders through organic growth and acquisitions. The Firm is operationally driven and seeks opportunities in Southern Europe. Areas of interest include services, consumer, retail, leisure, and industrial manufacturing. Investindustrial has offices in London, Luxembourg, Milan, Lugano, Barcelona, Shanghai, and New York.


DEAL STATS #
Overall 11 of 29
Sector (Automotive) 1 of 1
Type (Add-on Acquisition) 6 of 15
Country (Italy) 6 of 13
Year (2012) 1 of 2
Size (of disclosed) 3 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-12-29 Cogetech SpA

Milano, Italy

Formed in 2004, Cogetech Spa is an Italian gaming company dedicated to the entertainment sector with offices in Milan and Rome.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-06-27 Contenur SL

Getafe, Spain

Contenur SL engages in the design, engineering and marketing of containers to the waste collection industry. The company provides all kinds of maintenance services to urban furnishing, ranging from container recycling to playground maintenance. Based in Getafe (Madrid) and with international presence in Latam (Brazil, Colombia and Peru), Asia (Singapore) and Middle East, the company also has commercial teams and branches in the United Kingdom, France, Germany, Italy, Portugal, the Czech Republic, Poland and Morocco, as well as two manufacturing plants in Spain and Poland.

Sell -