21 Invest buys Aussafer Due

Following the deal, Giacomo Citossi will take on the role of CEO.

21 Invest intends to support the company in strengthening its position across the Italian market, while expanding its international presence, increasing its exports and pursuing a consolidation strategy.

Earlier this month, 21 Invest sold Poligof, an Italian manufacturer of backsheet film, to Spanish private equity firm Portobello Capital.

Company
Founded in 1960 and based in San Giorgio di Nogaro, near Udine, Aussafer Due specialises in precision laser cutting and sheet metal processing.

Employing 100 staff, the company generates annual revenues of around €30m, of which more than 25% comes from outside Italy.

People
21 Invest – Alessandro Benetton (managing partner).
Aussafer Due – Claudio Citoss, Luisa Citoss (founders); Giacomo Citossi (CEO).

• Tweet  
• Facebook  
• LinkedIn  
• Google plus  
• Send to  

• Topics
• Buyouts
• Southern Europe
• Industrials
• 21 Partners
• Italy