G.M.P. Group Completes Strategic Acquisition of Reedijk

The Italian industrial group G.M.P., supported by Eulero Capital, has strategically acquired Reedijk, a leading Dutch importer and distributor of wheels and tires, marking a significant milestone in its European expansion plans. G.M.P. Group now holds a 78% majority stake in Reedijk, which is instrumental in its international growth and market consolidation. The collaboration initially began in 2007 and has evolved into a robust partnership aimed at creating a new entity with an aggregated revenue exceeding 80 million euros. The acquisition is part of a broader strategy leveraged by Eulero Capital's equity entry, focusing on expanding operations in key European countries and eventually exploring markets beyond Europe. The deal, further enhanced by G.M.P.’s 2023 acquisition of the wheel brand Antera, allows the company to offer a comprehensive range of high-quality Made in Italy products, further boosting their brand presence and service standards. The partnership also aims to maintain Reedijk's strong local role and management, ensuring continuity in its growth trajectory. This acquisition illustrates G.M.P. Group's impressive 20-year history, evolving into a global leader in the premium automotive component sector, particularly alloy wheels for the aftermarket segment.