# Wise Equity acquires majority stake in Mep

Wise Equity, through its fund Wisequity VI, acquired a majority stake (around 70%) in Mep, a leader in machinery for steel bar processing based in Reana del Rojale, Italy. Founder Giorgio Del Fabro retains about 30%.

- Type: Acquisition
- Announced: 2024-01-20
- Where: Reana del Rojale, Italy
- Status: announced
- Products: machinery for steel bar processing
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Wise Equity](https://endata.com/companies/10032.md) (acquirer)
- [MEP Ltd.](https://endata.com/companies/55661.md) (target)
- [Giorgio Del Fabro](https://endata.com/companies/75133.md) (target)

## Sources

- [ilnordest.it](https://www.ilnordest.it/economia/imprese/la-mep-al-fondo-wyse-il-fondatore-del-fabro-resta-con-il-30-per-cento-jgpimbkj), 2024-01-20: "Abbiamo subito riconosciuto in Wise Equity, grazie ad una particolare sensibilità alle tematiche industriali, il partner ideale per rafforzare ulteriormente e sostenere il nostro lungo percorso di sviluppo."

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