Teufelberger acquired its major Italian competitor, Redaelli, with funding from Invest AG, aiming to enhance market presence and growth.

Target Information

Teufelberger, established in 1790, is a premier manufacturer of various types of wire ropes. The company produces wire ropes for a wide range of applications, including cable cars, bridges, cranes, offshore drilling rigs, and steel construction projects. With an extensive portfolio, Teufelberger has been involved in numerous national and international reference projects, such as various Danube bridges.

Industry Overview in Italy

The wire rope manufacturing industry in Italy is a robust sector characterized by significant advancements in technology and a strong emphasis on quality. Italy has a rich history of engineering and manufacturing, which has positioned it as a leader in industrial production and exports of wire ropes and cables. The country's industrial framework supports a diverse range of applications, including construction, automotive, and marine sectors.

In recent years, the Italian wire rope market has seen steady growth, driven by an increase in infrastructure projects and a rising demand for high-performance materia