Progressio Sgr has acquired Officine S. Giacomo S.r.l., aiming to transition the company to a managerial structure and support its international expansion and sustainability efforts.

Target Information

Milan-based Officine S. Giacomo S.r.l. has been a prominent player in the production of small and medium-sized mechanical presses for over 60 years. The Company has established its footprint across diverse sectors, including electronics, pharmaceuticals, consumer goods, and e-mobility. Throughout its history, Officine S. Giacomo has manufactured more than 16,000 presses, with a significant portion of its revenue—nearly 50%—attributed to exports in markets such as Italy, Europe, and North America.

Industry Overview

The mechanical press industry in Italy has experienced steady growth, being enabled by a robust engineering culture and continuous innovation. The sector serves a wide range of industries, with rising demand driven by automation and precision in manufacturing processes. As industries increasingly leverage advanced manufacturing techniques, the need for quality mechanical presses that meet stringent operational standards has grown.

Additionally, Italy's strategic location in Europe provides access to a vast market, making it an attractive hub for mechanical engineering and manufacturing enterprises