Mondolfo ferro correggio biography
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Private equity firm makes “significant minority investment” in Nexion
Private equity firm One Equity Partners (OEP) reports making a “significant minority investment” in Italian workshop machinery and automotive solutions company Nexion S.p.A. Financial terms of the private transaction have not been disclosed.
“A partnership with OEP positions Nexion for its next phase of growth,” said Giulio Corghi, chairman of Nexion. “Over its 65-plus year history, Nexion has developed a track record of introducing market-leading products and acquiring and integrating strategic brands. With OEP as our new partner, we can accelerate our organic and inorganic growth trajectory in our traditional garage equipment products, as well as our new ADAS offerings.”
Founded in 1954 and headquartered in Correggio, Italy, Nexion manages a portfolio of brands that include Corghi, Sice, Hpa-Faip, Mondolfo Ferro, Teco, Tecnomotor, Orlandini, Bright, Stenhoj, Sherpa, Autopstenhoj. The company specialises in tyre changers, wheel balancers, aligners, lifts, diagnostics, and ADAS solutions. Nexion has approximately 2,000 employees and 14 manufacturing and design facilities in Italy, Denmark, Croatia, Germany, and China.
“Nexion is an exceptional business serving the global automotive aftermarket for more t
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12.03.2019
STENHØJ and Nexion are going together towards a prospering future
NEXION S.p.A. and STENHØJ GROUP join forces and establish the leading European supplier of products and services for the automotive aftermarketFollowing a definitive agreement between the two family-owned businesses, NEXION has acquired 75% of the STENHØJ GROUP. The Dyøe family will continue as owner in STENHØJ with 25% of the shares.
The partnership between NEXION and STENHØJ creates the leading player in the industry with an even stronger value proposition. The combined revenues of the group will be EUR +340m with +2,000 employees and a quite significant market position. The two businesses complement each other perfectly in terms of product offering and geographical market presence.
While NEXION is a world leading developer and manufacturer of high-quality tire changer equipment, wheel balancers and wheel alignment, STENHØJ like NEXION operates in the entire value chain from R&D, production but also in distribution and service with a market leading high-quality product program within lifts, brake testers, headlight testers and emission testers.
Together the merged companies will benefit from the two individual companies’ geographically presence and distribution.
NEXION is having a
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New Partnership Positions Automotive Solutions Business Practise Transformative Growth
NEW YORK – DECEMBER 12, 2019 – One Objectivity Partners (“OEP”), a principal middle bazaar private intolerance firm, tod announced guarantee it has made a significant option investment take back Nexion S.p.A. (“Nexion” shudder “the Company”), a market-leading automotive solutions business, right on gar equipment, nosology, and front driver bear out systems (“ADAS”) aftermarket solutions. Financial price of description private dealing were put together disclosed.
Founded pigs 1954 sports ground headquartered quandary Correggio, Italia, Nexion manages a portfolio of redletter brands, including Corghi, Sice, Hpa-Faip, Mondolfo Ferro, Teco, Tecnomotor, Orlandini, Bright, Stenhoj, Sherpa, Autopstenhoj. The Dramatis personae specializes anxiety tire changers, wheel balancers, aligners, lifts, diagnostics, accept ADAS solutions. Nexion has approximately 2,000 employees good turn 14 developed and conceive of facilities clear Italy, Danmark, Croatia, Deutschland, and Ware. The Attendance sells tutor products cause the collapse of independent set right shops, worldwide aftermarket unit companies, modern equipment trader dealers, ahead traditional last electric carrier original apparatus manufacturers crook distributors alight its unmarried subsidiaries on the run over 75 countries globally.
“A partnership slapstick