Ethica Group, through its M&A Advisory team, assisted Smart Capital S.p.A., a “permanent capital” industrial holding company specialized in Private Equity and Private Investments in Public Equity, in the acquisition, through its subsidiary Smart4Mechanics S.r.l., of a stake in Ci-Esse S.r.l., a company active in the field of precision mechanical machining.
Founded in 1978, Ci-Esse has over 40 years of experience serving sectors such as racing, military, aerospace, aviation and mold production. Based in the province of Modena, Ci-Esse is a leading company specializing in the production of complex, high-precision mechanical components, integrating additive manufacturing technologies with traditional machining techniques such as milling, turning and electrical discharge machining.
Ci-Esse also boasts a presence in the USA, in Houston, through Powderpart Inc., a production and transformation company dedicated to the North American market and wholly owned.
The transaction, in line with the strategy announced by Smart Capital during its IPO, aims to create a sectoral platform capable of aggregating Italian excellence in the field of mechanics, with the goal of establishing an Italian player that can act as a consolidator in a highly fragmented market.
