One Equity Partners has made a minority investment in CBM, a global leader in agricultural tractor attachment systems, aiming to accelerate the company's growth through strategic guidance and expanded opportunities.

Information on the Target

One Equity Partners ("OEP"), a middle-market private equity firm, has announced a minority investment in CBM, a prominent manufacturer of agricultural tractor attachment equipment. Founded in 1967 by the Cornia family and headquartered in Modena, Italy, CBM holds a significant position as a global leader in the production of tractor attachment systems. The company specializes in designing and manufacturing various systems for coupling, towing, and lifting implements primarily for agricultural tractors. Their product lineup includes 3-point linkages, trailer hitches, pick-up hitches, and hydraulic power lifts.

Employing approximately 1,800 individuals, CBM operates six manufacturing facilities across Italy, Poland, India, and China. Joseph Huffsmith, a Partner at One Equity Partners, expressed enthusiasm for the partnership, highlighting the Cornia family's accomplishment in establishing CBM as a leader in its sector and the company’s essential role in enhancing agricultural efficiency and productivity.

Industry Overview in Italy

The agricultural machinery industry in Italy plays a crucial role in the local economy, characterized by a rich history of innovation and quality manufacturing. Italy ranks among the top producers of agricultural machinery in Europe, dr