# Giuliano Gnutti acquires full ownership of Gnutti Cirillo Group

Giuliano Gnutti has become the exclusive owner of 100% of Gnutti Cirillo Group by acquiring the 50% stake held by his brother Giordano. The leveraged buy-out was supported by a bank pool led by Intesa Sanpaolo.

- Type: Acquisition
- Announced: 2021-05-28
- Where: Lumezzane, Italy, Italy
- Status: completed
- Products: hot stamping, machined brass and non-ferrous metal parts
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Gnutti Cirillo Group](https://endata.com/companies/55463.md) (target)
- [Giuliano Gnutti](https://endata.com/companies/55464.md) (acquirer)

## Sources

- [adriaticonews.it](https://www.adriaticonews.it/2021/05/28/giuliano-gnutti-al-controllo-del-gruppo-gnutti-cirillo/), 2021-05-28: "L’imprenditore Giuliano Gnutti è divenuto proprietario esclusivo del 100% del Gruppo Gnutti Cirillo, avendo perfezionato l’acquisizione del 50% del fratello Giordano."

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