Alantra advises Nadella on the acquisition of Ipiranga and Shuton

Mar 2020

Buy-side advisory

Milan and Frankfurt – Alantra has advised Nadella (“the Company”), a leading global manufacturer of linear motion technology solutions, on the acquisition of a majority stake in Ipiranga and Shuton from IAZ Group.

Nadella, founded in 1930 is headquartered in Italy and also has a relevant presence within the German market. The Company is one of the leading European-based providers of linear and rotational motion technology solutions, serving major industries incl. manufacturing, industrial automation, robotics, transportation, renewables, pharmaceutical, and medical. Nadella has approximately 300 employees and generates revenues of around €70 million annually, of which over 70% come from foreign markets. The Company is owned by the Funds advised by ICG (Intermediate Capital Group) plc.

Ipiranga and Shuton are both specialized in the development and manufacturing of high precision ball screws, primarily serving machine tools, injection molding and high demand automation sectors. With the acquisition of Ipiranga and Shuton, Nadella will further enhance its offering of motion technology solutions as well as its international footprint, with a production and / or sales presence already in over 25 countries, including Italy, Germany, France, UK, USA, India and China. Upon completion of the transaction, Nadella will greatly increase its production capacity, adding 2 production plants within the Spain Basque Region, in addition to current manufacturing facilities in Italy (Monza & Brianza, Bologna), Germany (3 locations in Öhringen, Nufringen and Stuttgart) and China (ChangXing).

“We are very pleased to welcome Ipiranga and Shuton to Nadella Group. The acquisition is an important step to further develop Nadella into a leading provider of highly engineered motion technology solutions. The Alantra team has been engaged to help us execute a targeted buyside program and contributed to the successful outcome of this project with their strong execution support. We have very much enjoyed working with them,” said Davide Solbiati, Strategy & M&A Director of Nadella.