Stabilus Group’s Acquisition Of 32% Interest In Cultraro Automazione Engineering S.r.l.

PwC TLS Avvocati e Commercialisti assisted Stabilus Group in the transaction, while the sellers have been assisted by the law firm Molinari Agostinelli.

Stabilus S.A. (ISIN: LU1066226637), one of the world’s leading suppliers of motion control solutions for a wide range of industries, has entered into a partnership with Cultraro Automazione Engineering S.r.l..

In the context of this strategic partnership, Stabilus S.A. acquires 32 percent of the shares from the company’s founders. The partnership focuses on expanding the product range in the field of motion control.

Founded in 1997 and based in Rivoli, Italy (near Turin), Cultraro is a world leader in the production of small dampers. With more than 400 employees, Cultraro is represented in the USA, China, India and Germany via its own locations and through partners.

Cultraro’s products – rotary dampers, axial dampers, linear dampers and push push latches – are widely used in compact motion control applications. In the Home and Appliances sector, the company e.g. supplies dampers for doors and household appliances such as coffee machines, vacuum cleaners, ovens, refrigerators and washing machines. In the Electronics and Tools sector, their offering comprises, among others, dampers for robotics, desk sockets, electric drills and lawnmowers. In the Automotive sector, the company supplies dampers for example for fuel doors, charging doors of electric vehicles, trunk and door handles, grab handles, cup and tablet holders, center consoles and armrests, glove and storage compartments. And in the Services sector, the company provides dampers e.g. for vending machines, displays and ATM devices. In 2020, the company generated revenues in the low double-digit million euro range.

Involved fees earner: Riccardo Agostinelli – Molinari Agostinelli; Marinella Ciaccio – Molinari Agostinelli; Giuliano Decorato – Molinari Agostinelli; Claudio Zanda – Molinari Agostinelli; Alberto Anchora – PwC Tax & Legal; Ivan Arrotta – PwC Tax & Legal; Alvise Becker – PwC Tax & Legal; Pietro Bertolotti – PwC Tax & Legal; Paola Grillo – PwC Tax & Legal; Natali Prodan Milic – PwC Tax & Legal; Giovanni Stefanin – PwC Tax & Legal;

Law Firms: Molinari Agostinelli; PwC Tax & Legal;

Clients: Cultraro Automazione Engineering S.r.l.; Stabilus S.A. ;