Fausto Rinallo
Ethica Group
Nadella
Deal Type
Company sale
Sector
Industrials
Completion Date
2nd May 2018
Deal Value
Not disclosed
Company Background
Ethica Corporate Finance advised 21 Investimenti, Overseas Industries and certain members of the management team in the sale of Nadella to Intermediate Capital Group (ICG).
Nadella is the market leader in precision linear and rotational motion control solutions for a wide range of industrial end-markets, including packaging machinery, automation, transportation and medical industries.
The company has facilities in Italy, Germany, China and the United States and employs approx. 210 people. In 2017, Nadella posted ca. EUR 16m in EBITDA with more than 80m in sales.
Deal Summary
Ethica Corporate Finance has been advisor to the shareholders and to the management of Nadella on its sale to ICG, a top-flight international investor acting with medium/long term focus. The funds will allow Nadella and its management team to continue with the ongoing development and organic growth plan and to focus on potential M&A opportunities.
ICG is a global asset manager - based in London but with 13 offices worldwide - with over €27 billion under management in various funds investing both debt and equity.
