PINETTE PEI continues its growth dynamic with the acquisition of the Italian GADE S.R.L
PRESS RELEASE
Milan, May 05, 2022 - Through this strategic acquisition, PINETTE PEI is establishing itself as a leading European industrial player in the field of innovative sheet metal bending and cutting machines. This Franco-Italian partnership enables the two entities, which share a common DNA, to meet their customers' needs as closely as possible and to increase their positive environmental impact.
With the support of its shareholders, the industrial engineering company based in Chalon-sur-Saône is changing dimension with the acquisition of the Italian company GADE S.R.L. It is thus strengthening the expertise of its "small machines" branch Jean Perrot (40% of turnover by 2024) and confirming the group's internationalisation strategy.
GADE S.R.L (Italy) and Jean Perrot (PINETTE PEI's activity) join forces to create a deep industrial partnership. Experts in the design, manufacture, sale and maintenance of press brakes and customised shears, the two companies have created a European leader in their market.
By drawing on their portfolio of top-of-the-range machines and long-term relationships with leading industrial customers in Europe, the new group intends to provide its customers with greater flexibility, efficiency, ergonomics and safety, and to use its solutions to meet the technical challenges of tomorrow: carbon neutrality, smart cities and the development of new energies. This Franco-Italian partnership is based on a common DNA: know-how, innovation and customer service.
Supported since 2019 by long-term investors, GENEO Capital Entrepreneur, Demeter and GEI, PINETTE PEI wishes to amplify its commitment to have a positive environmental impact, by developing innovative solutions to reduce the environmental footprint of its machines.
Andrea Lazzari and Carlo Magri, shareholder-managers of GADE say: " Sharing our passion with JEAN PERROT will add Industry 4.0 and robotic capabilities to our product portfolio to meet our customers' trend for integrated bending cells and process automation. This partnership will also bring new opportunities for our teams and external partners.
Erick Rousseau, JEAN PERROT, adds: " We like the innovative spirit of GADE. Our teams have similar roots and sizes. The large manufacturing capacity of GADE would be of great benefit to our new group. We are very pleased to launch this initiative which benefits our brands and our customers.
Andrea Lazzari and Carlo Magri for GADE, Erick Rousseau for JEAN PERROT and Jérôme Hubert for PINETTE PEI are managing this new European industrial partnership.
About Gade S.R.L:
GADE S.R.L.. is an industrial engineering group that designs, manufactures, sells and maintains press brakes and shears, electric and hybrid press brakes, automated production lines for several different industrial sectors.
Its registered office is located in Via Pamapano Brusantina, 44033 Riva del Po (FE), Italy.
Registered with the Chamber of Commerce of Ferrara under number 00530200385.
Directors : Andrea Lazzari, Carlo Magri
About PINETTE PEI :
PINETTE PEIis the world leader in forming equipment, test benches and assembly equipment. PINETTE PEI innovates, designs and delivers turnkey lines and plants to the world's technical and industrial centres in the aeronautics, space, defence, automotive and energy sectors. The company also incorporates the Jean Perrot brand, a manufacturer of custom-made, large-scale folding machines and shears for sheet metal work.
Headquartered at 5 rue Paul Sabatier, 71100 Chalon-sur-Saône, France with offices in Germany, USA and China.
Registered with the Chamber of Commerce of Chalon-sur-Saône under number 331204834.
Chairman PINETTE PEI: Jérôme Hubert. Business Manager JEAN PERROT: Erick Rousseau.
Speakers:
→ GADE advice:
Avv Pietro Zanoni, Mario Bonferroni [ADVANT NCTM], Sante Maiolica [GRANT THORNTON FINANCIAL ADVISORY SERVICES]
→ PINETTE PEI tips:
Avv. Alberto Crivelli, Giusy Cardinale, Martina Famlonga [AMTF], Deborah Setola [ARKIOS],
→ GENEO Capital Entrepreneur:
Marc Dupuy (Associate Director) and Edouard Braun (Investment Officer)
About GENEO Capital Entrepreneur :
GENEO Capital Entrepreneur's raison d'être is to provide SMEs and SMIs with the means to achieve their ambitions, in a sustainable and positive impact approach. As an "evergreen" investment company, GENEO provides tailor-made capital, which adapts to the pace of each company and provides responsiveness and flexibility.
As a business partner, GENEO does its utmost to help the managers of invested companies to design and execute their development strategy by strengthening their human capital and building their growth pipeline.
Among the themes identified in the Growth Book, GENEO has chosen to accelerate in 3 key areas, by acquiring specialised Business Partners (Positive Impact, M&A and Digital).
In particular, GENEO encourages this dynamic with a dedicated team that works alongside the management team to provide operational support for the completion of external growth operations.
At GENEO, when we invest, we invest!
Press contact:
Otto Agency / Géraldine Otto
Tel: 06 18 43 86 22