M&A Deal Summary

Biesse Acquires GMM Group

On December 22, 2023, Biesse acquired machinery company GMM Group from Consilium for 87M EUR

Acquisition Highlights
  • This is Biesse’s 1st transaction in the Machinery sector.
  • This is Biesse’s largest (disclosed) transaction.
  • This is Biesse’s 1st transaction in Italy.

M&A Deal Summary

Date 2023-12-22
Target GMM Group
Sector Machinery
Buyer(s) Biesse
Sellers(s) Consilium
Deal Type Add-on Acquisition
Deal Value 87M EUR

Target

GMM Group

Gravellona Toce, Italy
GMM Group is an international brand that produces bridge saw machines for stones. The company has two production plants in Italy and two foreign branches to serve the North America and the Asia Pacific markets. GMM Group is based in Gravellona Toce, Italy.

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Buyer(S) 1

Buyer

Biesse

Pesaro, Italy

Category Company
Founded 1969
Sector Machinery
Employees4,274
Revenue 822M EUR (2022)
DESCRIPTION

Biesse is a designer and manufacturer of machinery equipment used to process a variety of materials including stone, wood, glass, and other materials. Biesse sells through and operates a global network of facilities serving customers worldwide. Biesse was formed in 1969 and is based in Pesaro, Italy.


DEAL STATS #
Overall 1 of 1
Sector (Machinery) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (Italy) 1 of 1
Year (2023) 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

SELLER

Consilium

Milan, Italy

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2005
PE ASSETS 341M EUR
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Consilium is a private equity firm focused on small to mid-sized Italian companies. Consilium prefers to make majority investments and generally targets businesses generating €20 to €80 million in revenues. Prospective companies typically have strong management and a clear 'path to exit'. Consilium was formed in 2005 and is based in Milan.


DEAL STATS #
Overall 13 of 13
Sector (Machinery) 3 of 3
Type (Add-on Acquisition) 6 of 6
Country (Italy) 13 of 13
Year (2023) 2 of 2
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-12-12 Macron

Bologna, Italy

Macron engages in the production of technical sports apparel for both professional and amateur clubs. Macron has built and promoted its own brand becoming the technical sponsor of several professional teams both in Italy and abroad. Macron supplies professional and amateur teams through multi-brand stores as well as a network of over 100 Macron Store in Europe. Macron was founded in 1971 and is based in Bologna, Italy.

Sell -