BONFIGLIOLI S.p.A completes acquisition of SELCOM GROUP S.p.A

Bonfiglioli S.p.A, global leader in the market of drives for industrial automation, wind generators and mobile machinery in the construction, earthmoving and intralogistics sectors, following the communication released on 7 February 2023, is proud to announce that on 23 March it completed the 100% acquisition of the share capital of Selcom Group S.p.A , a company specialised in the design, production and sale of electronic boards, electronic products, software and solutions for customers operating in the industrial, biomedical, automotive, intralogistics and home appliance sectors. 

The parties executed the agreement after verifying all the conditions precedent envisaged by the same, having obtained the necessary administrative authorisations pursuant to the Golden Power investment screening regime and antitrust regulations.  

“We are pleased to be able to actively count on the presence of Selcom within our Group. We are certain that we will share a wonderful and challenging journey, which will lead us to increasingly competitive value propositions thanks to the skills, determination and commitment of all”, commented Sonia Bonfiglioli, Chair of Bonfiglioli S.p.A.

Source: BONFIGLIOLI