# GMM acquires 52% stake in Bavelloni SpA

GMM, controlled by Consilium SGR, signed an agreement to acquire 52% of Bavelloni SpA, creating a group with over EUR 100 million in turnover for stone and glass processing machinery.

- Type: Acquisition
- Announced: 2022-01-31
- Where: Italy
- Status: announced
- Products: stone cutting machinery, glass processing machinery, waterjet cutting machines
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [GMM SpA](https://endata.com/companies/18747.md) (acquirer)
- [Bavelloni](https://endata.com/companies/19385.md) (target)
- [Consilium SGR](https://endata.com/companies/60739.md) (investor)

## Sources

- [bavellonitools.com](https://bavellonitools.com/en/press-release-3/), 2022-02-01: "GMM acquires 52% of Bavelloni SpA shares."

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