AMA Acquires CMR Group's Agriculture Division
Deal News | Feb 20, 2025 | Finance Community IT - 1 Corporate M&A
In a strategic acquisition, AMA has taken over the agriculture division of CMR Group (Costruzioni Meccaniche Reggiane). This purchase includes acquiring the entire share capital of CMR Agriculture, a sole shareholder entity, and a majority stake in Taizhou CMR Machinery Co. Ltd. Both companies specialize in the design, production, and marketing of gearboxes, reducers, driveshafts, bar discs, and spare parts intended for machines used in agricultural, forestry, and gardening activities. For this acquisition, AMA engaged PwC to perform financial due diligence with a team led by partner Alberto Zanatta and senior manager Alessia Trentini. PwC TLS provided comprehensive support for contractual, corporate, and labor law aspects of the transaction, while PwC China handled the Chinese legal profiles. CMR Group was represented by Unistudio Legal and Tax.
Sectors
- Agricultural Machinery
- Corporate Finance
- Legal Consulting
Geography
- Italy – The transaction involves Italian companies, with AMA and CMR Group headquartered in Italy.
- China – The acquisition includes Taizhou CMR Machinery Co. Ltd., a Chinese entity, with legal considerations handled by PwC China.
Industry
- Agricultural Machinery – The article discusses the acquisition of machinery companies specialized in agricultural equipment and components.
- Corporate Finance – The involvement of financial due diligence and corporate legal aspects highlights the corporate finance industry.
- Legal Consulting – The participation of legal advisory firms such as PwC TLS and Unistudio Legal and Tax indicates the relevance of legal consulting.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| AMA | Acquirer | Company | A company that acquired the agriculture division of CMR Group. |
| CMR Group (Costruzioni Meccaniche Reggiane) | Seller | Company | The parent company of the agriculture division being sold to AMA. |
| PwC | Financial Due Diligence Advisor | Company | Provided financial due diligence services for the acquisition. |
| PwC TLS | Legal Advisor | Company | Provided contractual, corporate, and labor law advisory for the acquisition. |
| Unistudio Legal and Tax | Legal Advisor to Seller | Company | Provided legal advisory services to CMR Group during the transaction. |
| Taizhou CMR Machinery Co. Ltd. | Target | Company | A China-based company whose majority stake was acquired by AMA. |