# IGI Private Equity acquires majority stake in Meter S.p.A.

IGI Private Equity, with support from Crédit Agricole Italia and Banca Ifis, will acquire a majority stake in Meter S.p.A., an Italian manufacturer of custom ball and roller bearings for special applications. The Musso family will retain 40% of the capital and continue to lead the company.

- Type: Acquisition
- Announced: 2024-10-30
- Where: Robassomero, Turin, Italy
- Status: announced
- Products: custom ball bearings, custom roller bearings, mechanical components for forklifts
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [IGI Private Equity](https://endata.com/companies/18889.md) (acquirer)
- [Meter Group](https://endata.com/companies/29805.md) (target)
- [Crédit Agricole Italia](https://endata.com/companies/80656.md) (investor)
- [Banca Ifis](https://endata.com/companies/80657.md) (investor)

## Sources

- [igisgr.it](https://www.igisgr.it/igi-private-equity-rileva-la-maggioranza-di-meter-s-p-a/), 2024-10-30: "Crediamo che Meter sia un solido punto di partenza, perfettamente allineato alla nostra strategia di investimento, per un progetto di crescita e 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.