Armònia Italy Fund II merges three firms to create high-tech manufacturing group

Armònia Italy Fund II, managed by Armònia SGR, has finalised its second investment with the acquisition of a majority stake in a newly created industrial group formed by the integration of Oleodinamica Geco, Dorigo Utensili, and Lamev.

The new platform specialises in the production of high-precision mechanical components for the oil & gas, aerospace, and industrial sectors. The investment aims to accelerate the industrial integration of the three companies, enhance commercial synergies, and support both domestic and international growth.

The sellers, founders and key managers of the three businesses, will remain involved in the development of the new group and retain a minority stake.

Alessandro Grimaldi, Founding Partner and CEO of Armònia SGR, commented: “This second investment, which comes just weeks before the final close of the Armònia Italy Fund II fundraising period, reflects the core characteristics of our investment strategy. It is a primary deal, developed in a proprietary context with a strong partnership component with the entrepreneurs involved. The polycrystalline diamond precision tools sector has demonstrated solid historical growth and positive prospects, and this consolidation project will further enhance the value creation process.”

The deal is consistent with Armònia SGR’s strategy of partnering with successful entrepreneurs to build scalable and internationally competitive industrial platforms.

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