Fondo Italiano backs Mape

The investment combines both equity and a convertible loan, and will support an increased focus on research and development, as well as the acquisitive national and international expansion of the firm.

The company remains under the majority ownership of the founding family.

Company
Founded in 1950 by the Pederzini family and based near Bologna, Mape manufactures components for the automotive industry. Products include connecting rod assemblies, crankshafts, balance shafts, camshafts, cylinders, cylinder liners and cylinder heads, in addition to coating services.

The firm employs around 430 members of staff across nine sites in Italy, Sweden and the US. Clients include Ducati, Ferrari, Maserati and Lamborghini. The firm reported sales of €71m in 2011, 65% of which originated abroad.

People
Gabriele Cappellini is CEO of Fondo Italiano.

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• Topics
• Southern Europe
• Consumer
• Expansion
• Fondo Italiano di Investimento
• Italy