Italian EWP specialist, CMC, announces PE capital injection
Since it was founded in 1992, CMC has never stopped growing, establishing itself as one of the leading brands in the production of tracked aerial platforms on the world lifting market. It seems to have no intention of stopping. On the contrary, it has just launched the basis to increase its growth at an exponential level, thanks to the entry of the industrial Private Equity Metrika SGR in the majority of its share capital.
With an objective to create added value for its investors and stakeholders, Metrika aims to be an ideal partner for Italian SMEs that want to manage generational transitions and development projects with proactivity and vision.
The capital injection due to the entry of Metrika SGR into the company will allow CMC to implement several development programmes, including the expansion of 12,000 m2 of the current factory, to be used for new production lines, the expansion of the current range of spider platforms with new models and new product families, and the strengthening of its presence in foreign markets with the improvement of the distribution network in Europe and the USA. A targeted acquisition policy will also speed up the expansion of production capacity to meet the growing number of orders from the market.
Alessandro Mastrogiacomo
The Mastrogiacomo and Moretti families, founders of CMC, will remain on the company’s Board of Directors where Alessandro Mastrogiacomo has already assumed the role of CEO and Giuseppe Moretti that of COO.
“Those who design machines like our spider platforms know this very well: the higher you want to go, the more solid and stable the base on which you stand must be,” declares Alessandro Mastrogiacomo. “With this operation, CMC confirms itself as a leading company not only in terms of production, but also from a managerial perspective. Today we are preparing for a real leap in category that will allow us to definitively adapt the level of our organisation to the quality of our products”.
