Somaschini

Activity by year

20192020202120222023202420252026

Acquisition

Jan 9, 2020ACQUISITIONBergamo, Italy; South Bend, Indiana, USA, Italy$88.0M300 jobs
CIE Automotive acquires Somaschini for €79.6 million
CIE Automotive Group acquired Italy-based gears specialist Somaschini, which has nearly 300 employees and three production plants in Italy and the US, for €79.6 million.
CIE Automotive acquirer Somaschini target #Automotive Components #Industrial Machinery powerprogress.com
Sep 25, 2019ACQUISITIONItaly$87.0M
CIE Automotive acquires Somaschini S.p.A.
CIE Automotive acquired Somaschini S.p.A., an Italian precision gear manufacturer, for approximately 79.6 million euros. The acquisition was announced in September 2019 and completed by January 2020.
CIE Automotive acquirer Somaschini target #Automotive Components somaschini.com

Acquired by

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Somaschini: plants, expansions, contracts and acquisitions · Endata