# Alunext acquires Fonderie Cervati of Brescia

Alunext, a joint venture between Streparava Holding and Costamp, has acquired Fonderie Cervati of Brescia and Castegnato, Italy, saving nearly 100 jobs. The acquisition was completed after two failed auctions, with a starting price of €3 million.

- Type: Acquisition
- Announced: 2024-02-24
- Where: Brescia and Castegnato, Italy
- Value: $3.24M (3.00M EUR)
- Jobs: 100
- Status: completed
- Products: aluminum castings for automotive
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Streparava](https://endata.com/companies/52610.md) (investor)
- [Costamp Group](https://endata.com/companies/52611.md) (investor)
- [Alunext](https://endata.com/companies/52987.md) (acquirer)
- [Fonderie Cervati](https://endata.com/companies/75835.md) (target)

## Sources

- [laprovinciaunicatv.it](https://www.laprovinciaunicatv.it/stories/economia/alunext-rileva-fonderie-cervati-brescia-salva-quasi-cento-posti-lavoro-o_2036488_11/), 2024-02-24: "Alunext ha acquisito definitivamente la Fonderie Cervati di Brescia e Castegnato (Brescia)."

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