Armònia Acquires Majority Stakes in Tool Manufacturing Trio
Deal News | Jun 25, 2025 | Finance Community IT - 3 Private Equity
Armònia, with assistance from EY, has completed its second investment through the Armònia Italy Fund II, acquiring majority stakes in three companies in the precision tool manufacturing sector. These firms, Ceresoli Utensili, Dorigo Utensili, and Lamev, are known for their production of polycrystalline diamond tools for various industrial uses. The combined operations of these firms generate about €20 million in revenue. The acquisition aims to create a robust industrial platform poised for further growth. Armònia will lead the investment alongside a private investor group, including existing shareholders who will remain involved. A selected CEO will guide the initiative, leveraging extensive managerial experience in industrial settings. Alessandro Grimaldi of Armònia SGR hails the investment as emblematic of the fund's strategy, highlighting partnership with entrepreneurs and the potential for value creation through consolidation and growth in the precision tools industry.
Sectors
- Private Equity
- Precision Manufacturing
Geography
- Italy – The investment fund and target companies are based in Italy, as specified by the Armònia Italy Fund II's focus and the location of the acquired companies.
Industry
- Private Equity – The investment by Armònia is an example of private equity activity, involving capital investment in companies with the aim of growth and returns.
- Precision Manufacturing – The article discusses companies that produce polycrystalline diamond tools, a key part of the precision manufacturing industry.
Financials
- €20 million – The consolidated revenue generated by the three acquired companies.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Armònia SGR | Lead Investor | Company | A private equity firm leading the investment in three tool manufacturing companies. |
| EY | Financial Due Diligence Advisor | Company | EY provided financial due diligence for Armònia's investment process. |
| Ceresoli Utensili | Target Company | Company | One of the three companies acquired in the precision tool sector. |
| Dorigo Utensili | Target Company | Company | One of the three companies acquired in the precision tool sector. |
| Lamev | Target Company | Company | One of the three companies acquired in the precision tool sector. |
| CRCCD | Legal Advisor | Company | Provided legal and corporate advice for the deal. |
| Pirola Pennuto Zei & Associati | Tax Advisor | Company | Handled tax aspects and deal structuring for Armònia. |
| EY-Parthenon | Business Due Diligence Advisor | Company | Conducted business due diligence for the investment. |
| Alessandro Grimaldi | CEO of Armònia | Person | Founding partner and CEO of Armònia, involved in overseeing the investment strategy. |