Clairfield advises Rototech S.p.A. on the sale of a majority stake to Industry 4.0 Private Equity Fund (Q Group)

Clairfield advises Rototech S.p.A. on the sale of a majority stake to Industry 4.0 Private Equity Fund (Q Group)

 

Rototech Group, an Italian producer of plastic components made with rotational technology, sold a majority stake to the private equity fund Industry 4.0 (Q Group).

Rototech has gained a global leadership position among OEMs in the truck, agricultural machinery, and earthmoving machinery sectors. Since the founding of the company in 1988, the Group’s core business has been the production of plastic components (in particular fuel tanks and AdBlue, air intake systems and other ancillary products and services) made with rotational technology for the truck, agricultural and construction vehicle sectors. Today it is considered a quality and technology leader in this niche market. In 2018, Rototech achieved consolidated revenues of approximately EUR 55 million.

The private equity fund Industry 4.0 (Q Group) is the first private equity fund specialized in the technological evolution of Italian companies, in particular in the digital transformation of SMEs. Industry 4.0 promotes strategic investments in new business models, which can be achieved through investments in digital technologies such as collaborative and interconnected robots, 3D printing, Internet of Things, sharing data and information along the supply chain with suppliers and customers, digital marketing, and cyber security.

The Clairfield industrial team was instrumental in identifying strategic buyers and in the marketing phase. Buyers from over 10 countries expressed interest in the company. Ultimately due to a slowdown in M&A activity in the automotive sector a private equity buyer proved to be the best option.

Deal team: Filippo Guicciardi, Andrea Dubini, Stefano Libera