Rollon, the linear motion systems specialist, has announced that it has acquired Tecno Center, a Turin-based producer of linear actuators and components for linear motion systems for industrial automation. Rollon entered the linear actuator market in 2011 by acquiring the Italian company El.More.
The Tecno Center acquisition aims at strengthening Rollon’s offer in the actuator segment, and expand its current range with complementary and technologically advanced and more complex products.
The acquisition, according to Rollon, is aligned with its growth strategy, which is focused on purchasing an industrial production company to create integration at an industrial level and to leverage commercial synergies.
The acquisition was finalized with the support and commitment of Chequers Capital and IGI SGR, the majority shareholders. The involvement of Chequers Capital as the majority shareholder of Rollon, alongside with its co-investor IGI Sgr, allows Rollon to have the means to contemplate acquisitions of any size in the linear guides market segment in which the Group operates. According to the parties this acquisition also demonstrates the approach of both Chequers Capital and IGI Sgr to pursue the growth of their portfolio companies through an active acquisition policy.
“Chequers is very happy at the Tecno Center acquisition, which complements Rollon’s actuators line and will allow to boost further organic growth in the European markets. Only one year after our acquisition of Rollon,” said Jérôme Kinas, director of Chequers Capital.
“Our strategy was to purchase a manufacturing company that would allow us to capitalize on commercial synergies and to achieve industrial integration – with Tecno Center, we have succeeded in doing this,” added Eraldo Bianchessi, CEO of Rollon Group. “This operation will expand the Rollon product range to make it one of the biggest and most complete in the world. Our next goal is to expand Tecno Center products outside of Italy, in particular in Germany, the US, and France and then in China, India, and other emerging countries where Rollon is consolidating its business”.