Announced
Completed
Financials
Sources
Tags
Italy
real estate
Real Estate Services
Domestic
Majority
Private Equity
Friendly
Single Bidder
Acquisition
Private
Completed
Synopsis
Eulero Capital, an investment company, completed the acquisition of 51% stake in GMP Group, a real estate. Financial terms were not disclosed. "For 20 years, the G.M.P. Group has stood for excellence in the design and production of high-quality aluminium components for the automotive sector, with particular expertise in light alloy wheels. Innovation, design and advanced technology are our DNA. And now, with Eulero Capital by our side, we can look to the future with even greater confidence. This partnership will open up new opportunities to expand our global presence, bringing the Antera brand back to its former glory whilst investing in ever-more innovative, competitive and design products," Marco Mancin, GMP CEO.
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