Elettrotek Kabel Acquires C.E.FI.S. to Cement Industry Position
Deal News | Jul 01, 2025 | Finance Community IT - 1 Corporate M&A
Elettrotek Kabel (EK Group), an established player in the production and distribution of special cables, has successfully acquired 100% of C.E.FI.S., a company renowned in the distribution of electrical cables within the energy sector. This strategic acquisition, supported financially by Unicredit, is set to enhance EK Group's product offerings and industry presence. The transition aims to maintain operational continuity at C.E.FI.S.'s existing Reggio Emilia site, leveraging EK Group's leadership to unlock internal competencies and fortify inter-company collaborations. With a workforce exceeding 350 and revenue beyond €220 million, EK Group continues its growth trajectory started in 2001. Notably, C.E.FI.S. aligns perfectly with EK Group's strategic goals, offering complementary expertise and strengthening the group's capability in providing integrated and sustainable solutions.
Sectors
- Manufacturing
- Energy
- Financial Services
- Legal Services
Geography
- Italy – Both EK Group and C.E.FI.S. are based in Italy, with the latter’s operations continuing in Reggio Emilia, and local advisory firms participating in the deal underline the geographical focus of this M&A.
Industry
- Manufacturing – The acquisition involves companies engaged in manufacturing and distributing special and electrical cables, which are pivotal in the manufacturing sector.
- Energy – C.E.FI.S. operates within the energy sector offering electrical cable distribution, thereby directly impacting the energy industry's supply chain.
- Financial Services – The financial transaction was supported by Unicredit, highlighting the role of financial services in facilitating M&A activities.
- Legal Services – Multiple legal advisory firms were involved in the M&A process, emphasizing the legal service industry's integral role in corporate transactions.
Financials
- Over €220 million – Annual revenue of EK Group.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Elettrotek Kabel (EK Group) | Acquirer | Company | A company specializing in the production and distribution of special cables. |
| C.E.FI.S. | Target | Company | A company involved in the distribution of electrical cables for the energy sector. |
| FIN.C.E.F.I.S. | Vendor | Company | One of the selling entities of C.E.FI.S. |
| Comet | Vendor | Company | Another selling entity of C.E.FI.S. |
| Baldi & Partners | Legal and Financial Advisor to Acquirer | Company | Provided negotiation, due diligence, and contractual consulting services to EK Group. |
| Errepidue | Financial Advisor to Vendors | Company | Assisted FIN.C.E.F.I.S. and Comet with financial and fiscal aspects of the transaction. |
| Nobili Rtz Legal | Legal Advisor to Vendors | Company | Assisted FIN.C.E.F.I.S. and Comet with legal aspects of the transaction. |
| Unicredit | Financial Supporter | Company | Provided financial support necessary for the acquisition. |