Alpha General Contractor Acquires CMC di Ravenna for €17.5 Million
Deal News | Jun 18, 2025 | Finance Community IT - 1 Corporate M&A
Alpha General Contractor, based in Milan with operations in Florence, has acquired the main business unit of CMC Cooperativa Muratori e Cementisti di Ravenna for €17.5 million. The acquisition, which includes 597 employees, the historic brand, infrastructure, contracts, and company shares, faced no competing bids. The transaction is expected to finalize in approximately six weeks, with CMC maintaining a 30% stake. The deal ensures operational and employment continuity, keeping CMC's operations in Ravenna. Alpha plans to leverage this acquisition to enhance its presence in national and international construction markets. The transaction was advised by Crowe Bompani Advisory, Studio Pasquetti & Partners, and legal advisor Studio Legale Galgano. The unions have positively received the transition, highlighting their engagement throughout the process.
Sectors
- Construction
- Corporate Advisory
Geography
- Italy – The business operations and acquisition are based in Italy, involving Italian companies and advisors.
Industry
- Construction – The article discusses the acquisition of a construction company's business unit, highlighting its impact on the construction sector.
- Corporate Advisory – The involvement of financial and legal advisors in facilitating the acquisition transaction is pertinent to the corporate advisory industry.
Financials
- €17.5 million – Purchase price for the acquisition of CMC di Ravenna's main business unit by Alpha General Contractor.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Alpha General Contractor | Bidding Company | Company | Alpha General Contractor is a construction and design firm aiming to consolidate its presence in the construction sector. |
| CMC Cooperativa Muratori e Cementisti di Ravenna | Target Company | Company | A cooperative involved in construction, known for historical relevance in the industry. |
| Crowe Bompani Advisory | Financial Advisor | Company | Provided financial advisory services to Alpha General Contractor during the acquisition. |
| Studio Pasquetti & Partners | Financial Advisor | Company | Co-financial advisor assisting in the transaction. |
| Studio Legale Galgano | Legal Advisor | Company | Provided legal, labor, and environmental sustainability advisory for the acquisition. |
| Luca Bagnoli | Accountant | Person | Prepared the comfort letter for the transaction documentation. |