Addtech Nordic Completes Acquisition of Coel Motori
Deal News | Jan 27, 2025 | Finance Community IT - 1 Corporate M&A
Addtech Nordic, a subsidiary of the Addtech Group listed on the Nasdaq Stockholm Stock Exchange, has acquired Coel Motori, a company based in Pieve Emanuele (Milano) known for manufacturing and selling electrical, electronic, and mechanical components. The acquisition strengthens Addtech's position in the technological solutions market across over 20 countries. EY played a crucial advisory role in the transaction, providing financial due diligence services. Partners Camilla Mancusi and Irene Baraldi led EY's efforts, while Rossella Patella and Maria Teresa Iannella advised on fiscal and labor law matters. Coel Motori's vendors were advised by Deloitte, with a multidisciplinary team managed by Partner Guido Manzella handling financial, legal, and coordination aspects. The strategic viewpoint and M&A advisory for the sellers were supported by Global Strategy, led by Partner Paolo Gusti. The fiscal and accounting aspects were managed by Studio Saiani.
Sectors
- Technology
- Electrical Components
- Mergers and Acquisitions (M&A) Advisory
Geography
- Sweden – Home country of Addtech Nordic, a key participant in the transaction.
- Italy – Location of Coel Motori, the acquired company.
Industry
- Technology – Addtech Nordic is active in the sale of technological products and solutions.
- Electrical Components – Coel Motori specializes in the manufacture and sale of electrical components.
- Mergers and Acquisitions (M&A) Advisory – The transaction involved advisory services from firms like EY and Deloitte, specializing in M&A.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Addtech Nordic | Buyer | Company | A Swedish company part of the Addtech Group, focusing on technology solutions. |
| Coel Motori | Target | Company | An Italian company specializing in electrical, electronic, and mechanical components. |
| EY | Financial and Legal Advisor | Company | Advised Addtech Nordic on financial due diligence, fiscal, and labor law aspects. |
| Deloitte | Financial and Legal Advisor | Company | Advised the sellers of Coel Motori with financial, legal, and operational coordination roles. |
| Global Strategy | Strategic and M&A Advisor | Company | Advised the vendors of Coel Motori on strategy and M&A. |
| Studio Saiani | Fiscal and Accounting Advisor | Company | Managed fiscal and accounting aspects for the sellers of Coel Motori. |