Information on the target
Tramec S.r.l., based in Calderara di Reno (BO), specializes in the design, production, and marketing of gear reducers. Under the leadership of CEO Leo Girotti, Tramec has been part of the IGI Private Equity portfolio since June of this year. The company is currently accelerating its buy-and-build strategy, supported by IGI, to establish an integrated Italian excellence in the motion control sector. Following the acquisition of MT Electric Motors, Tramec has successfully completed its second add-on acquisition with Bermar S.r.l., located in San Vincenzo di Galliera.
With the acquisition of Bermar, the Tramec Group aims to reach a revenue target of €60 million, laying the groundwork for further development both organically and through additional acquisitions in the coming years. The newly acquired Bologna-based company employs approximately 25 staff and boasts a turnover close to €10 million, with a significant portion generated from international markets. Bermar has been operational since 1969, producing asynchronous electric motors, including self-braking models, and marketing imported motors. The company also distributes and customizes inverters primarily serving sectors such as marble processing, winemaking, packaging, and machinery for industry.
Industry overview in the target’s specific country
The Electrical Components & Equipment (NEC) industry in Italy is characterized by a robust manufacturing base and a strong emphasis on innovation and quality. Italy is home to numerous companies that specialize in the production of electrical components, which are essential for various sectors including automotive, industrial automation, and renewable energy. The industry has been experiencing steady growth, driven by increasing demand for energy-efficient solutions and advancements in technology.
In recent years, the Italian electrical components sector has seen a shift towards automation and digitalization, with companies investing in smart technologies and IoT applications. This trend is further supported by government initiatives aimed at promoting sustainable energy practices and reducing carbon emissions. As a result, Italian manufacturers are well-positioned to capitalize on the growing global demand for advanced electrical solutions.
Moreover, the Italian market benefits from a skilled workforce and a strong network of suppliers, which enhances the competitiveness of local manufacturers. The presence of established players alongside emerging startups fosters a dynamic environment conducive to innovation. The integration of traditional manufacturing practices with cutting-edge technologies is paving the way for the development of new products and services that meet the evolving needs of customers.
As the industry continues to evolve, companies like Tramec are strategically positioned to leverage their expertise and expand their market presence. The focus on creating inte…