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M&A Deal Summary

Xolutions Acquires Progold

On July 13, 2021, Xolutions acquired manufacturer Progold

Acquisition Highlights
  • This is Xolutions’ 1st transaction in the Manufacturing sector.
  • This is Xolutions’ 1st transaction in Italy.

M&A Deal Summary
Date 2021-07-13
Target Progold
Sector Manufacturing
Buyer(s) Xolutions
Deal Type Merger

Target

Progold

Vicenza, Italy
Progold specializes in the production of master alloys for goldsmith’s and silversmiths and has become a benchmark in the field. Progold was established in 1997 and is based in Vicenza, Italy.

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Buyer(S) 1

Buyer

Xolutions

Prato, Italy
Category Company
Founded 2008
Sector Manufacturing
Employees42
Revenue 24M EUR (2018)
DESCRIPTION

Xolutions works closely with both Italian and foreign luxury companies to create a unique service for the luxury goods sector in the development of galvanic processes for all metal accessories. Xolutions was founded in 2008 and is based in Prato, Italy.

DEAL STATS #
Overall 1 of 1
Sector: Manufacturing M&A 1 of 1
Type: Merger M&A Deals 1 of 1
Country: Italy M&A 1 of 1
Year: 2021 M&A 1 of 1
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