# AUCTUS Capital Partners acquires majority stake in Profiltubi

AUCTUS Capital Partners has signed a majority partnership agreement with Profiltubi, a manufacturer of electro-welded steel tubes based in Reggiolo, Italy. Profiltubi generated over €100 million in revenue in 2019 and employs around 110 people.

- Type: Acquisition
- Announced: 2020-07-17
- Where: Reggiolo, Italy
- Status: announced
- Products: electro-welded steel tubes
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [AUCTUS Capital Partners](https://endata.com/companies/48658.md) (acquirer)
- [Profiltubi](https://endata.com/companies/48659.md) (target)

## Sources

- [bancaakros.it](https://www.bancaakros.it/en/highlights/news/mergers-and-acquisition/auctu-capital-partners-acquires-a-majority-stake-in-the-share-capital-of-profiltubi/), 2020-07-17: "AUCTUS Capital Partners has signed a majority partnership agreement with the shareholders and managers of Profiltubi, a leading manufacturer of electro-welded steel tubes."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.