Carlyle buys Marelli Motori for €212m

The transaction was completed through the holding company Marelli Overseas Ltd.

Carlyle invested through Carlyle Europe Partners III, which closed on €5.3bn in 2007. Unicredit and Société Générale provided financing to support the transaction.

Company
Founded in 1981 and based in Arzignano, Italy, Marelli manufactures industrial generators and electric motors for the power generation, marine, oil & gas and industrial manufacturing sectors.

The firm reported revenues of €141.9m in 2012, a 12.5% increase on the previous year, and achieved EBITDA of €22.2m. Operating profits totalled €18.9m last year.

Marelli has production facilities in Italy and Malaysia and sales, service and distribution offices in Germany, Spain, the US and South Africa.

People
Marco De Benedetti is managing director and co-head of Carlyle Europe Partners.

Advisers
Equity – Unicredit (Corporate finance); Intesa Sanpaolo (Corporate finance).
Company – Nomura International (Corporate finance).

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

• Topics
• Southern Europe
• Industrials
• Buyouts
• Italy
• Carlyle Group