Add-on Acquisition • Consumer Services

Fiorini Industries Acquires Lovato

On December 19, 2024, Fiorini Industries acquired consumer services company Lovato

Acquisition Context

This is Fiorini Industries’ 1st transaction in the Consumer Services sector.
This is Fiorini Industries’ 1st transaction in Italy.

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M&A Deal Summary
Date	December 19, 2024
Target	Lovato
Sector	Consumer Services
Buyer(s)	Fiorini Industries
Deal Type	Add-on Acquisition

Target Company

Lovato

Gazzolo, Italy

Lovato specializes in the development, production, and commercialization of components and solutions for residential heating, including distribution modules, hot water sanitary stations, hybrid heat pump cabinets, distribution manifolds, and storage tanks. Lovato was formed in 1972 and is headquartered in Gazzolo, Italy.

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Buyer Overview 1

Buyer

Fiorini Industries

Forlì, Italy

Category	Company
Founded	1978
Sector	Consumer Services

DESCRIPTION

Fiorini Industries specializes in the development and production of components for water-based systems (e.g. heat pumps), serving mid/high-end solutions for commercial, residential and industrial applications. Fiorini Industries was formed in 1978 and is headquartered in Forlì, Italy.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Consumer Services	1 of 1
Type: Add-on Acquisition	1 of 1
Country: Italy	1 of 1
Year: 2024	1 of 1

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