M&A Deal Summary

Bonfiglioli Acquires Selcom Group

On March 23, 2023, Bonfiglioli acquired electronics company Selcom Group from Avenue Capital Group

Acquisition Highlights
  • This is Bonfiglioli’s 1st transaction in the Electronics sector.
  • This is Bonfiglioli’s 1st transaction in Italy.

M&A Deal Summary

Date 2023-03-23
Target Selcom Group
Sector Electronics
Buyer(s) Bonfiglioli
Sellers(s) Avenue Capital Group
Deal Type Add-on Acquisition

Target

Selcom Group

Bologna, Italy
Selcom Group is an Italian company in the engineering, industrialisation and production of electronic components for all types of applications (automotive, telecommunication, industrial automation). Selcom Group was founded in 1979 and is based in Bologna, Italy.

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Buyer(S) 1

Buyer

Bonfiglioli

Bologna, Italy

Category Company
Founded 1956
Sector Manufacturing
DESCRIPTION

Bonfiglioli is a worldwide designer, manufacturer and distributor of a complete range of gearmotors, drive systems, planetary gearboxes and inverters, which satisfy the most challenging and demanding needs in industrial automation, mobile machinery and renewable energy. Bonfiglioli was founded in 1956 and is based in Bologna , Italy.


DEAL STATS #
Overall 1 of 1
Sector: Electronics M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Italy M&A 1 of 1
Year: 2023 M&A 1 of 1

Seller(S) 1

SELLER

Avenue Capital Group

New York, New York, United States

Category Asset Manager
Founded 1995
PE ASSETS 13.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Avenue Capital Group is a private investment firm focused on acquiring a range of public and private securities. Avenue will consider opportunities throughout the US, Europe, and Asia and generally targets distressed assets, including businesses undergoing turnarounds, bankruptcy, reorganizations, and liquidations. Avenue was formed in 1995 and is based in New York City.


DEAL STATS #
Overall 5 of 5
Sector: Electronics M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Italy M&A 1 of 1
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-11-16 Medanta

Gurugram, India

Medanta is engaged in the business of establishing, owning and managing hospitals to provide healthcare, pathology and other medical services. Medanta owns, manages and operates the super-specialty hospital ‘Medanta - the Medicity’. Medanta was founded in 2004 and is based in Gurugram, India.

Sell -