# Taylor Group acquires 85% of CVS Ferrari shares

The Taylor Group, a US manufacturer of heavy industrial lift equipment, has acquired 85% of the shares of CVS Ferrari, an Italian manufacturer of mobile container handling and heavy cargo handling equipment. NEIP III exits completely, while BP retains 10% and SDB retains 5%.

- Type: Acquisition
- Announced: 2024-09-04
- Where: Roveleto di Cadeo (Piacenza) and Sorbolo (Parma), Italy
- Status: announced
- Capacity: approximately 200 units per year
- Products: mobile container handling equipment, reach stackers, high-capacity forklifts
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [BP](https://endata.com/companies/1131.md) (partner)
- [Taylor](https://endata.com/companies/11683.md) (acquirer)
- [CVS Ferrari](https://endata.com/companies/27726.md) (target)
- [NEIP III](https://endata.com/companies/75463.md) (partner)

## Sources

- [cvsferrari.it](https://www.cvsferrari.it/the-taylor-group-announces-the-acquisition-of-controlling-shares-of-cvs-ferrari-2/), 2024-09-04: "The mission of the Taylor Group has been to provide customers with the highest quality products worldwide and back them up with the most responsive after-market service organization available."

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