Berardi Group
Fasteners
ITItaly
1919
201-500
> 50

Berardi Group, a portfolio company of H.I.G. Capital, completes the acquisition of Fixi

Berardi Group, a portfolio company of H.I.G. Capital, completes the acquisition of Fixi

H.I.G. Capital, an international investment firm managing $65 billion in assets, is pleased to announce that its portfolio company, Berardi, a leading distributor of fastening elements and integrated logistics services in Italy, has completed the acquisition of Fixi S.r.l., a supplier of fixing systems.

Fixi is an Italy-based leader in fastening systems, offering a wide range of products such as rivets, threaded inserts, self-clinching components, weld studs, and related professional equipment. With several warehouses in Italy, Fixi is the largest distributor in its category nationwide, serving over 2,000 industrial customers in Italy and across Europe.

This transaction marks a significant step in Berardi's growth strategy, aimed at enriching its range of products and services through strategic acquisitions of distributors specialized in high-potential product categories. The acquisition will strengthen Berardi’s leadership in the fastening systems market, a rapidly expanding segment for its clientele. It will also enhance geographic coverage and service across Italy and Europe, benefiting its customer base.

Giovanni Berardi, Berardi President, and Mauro Pasini, CEO, commented: “The partnership with Fixi is a hugely important step in the growth path we have outlined for our Group, which will allow us to expand our geographic presence and provide our customers with a product portfolio and range of services tailored to meet all their needs.

Maurizio and Alessandro Mora, majority shareholders and CEOs of Fixi, added: “We are excited to join Berardi, the undisputed leader in the distribution of industrial components in Italy. Our history and shared commitment to excellence, innovation, and a strong focus on our customers and employees will allow us to fully leverage our specialized expertise in fastening systems and seize new growth opportunities to drive our business forward.

Raffaele Legnani, Managing Director of H.I.G. Capital in Italy, concluded: “We are pleased to continue supporting Berardi in its ambitious growth plan and in strengthening its leadership in the supply of industrial components with value-added services. With the acquisition of Fixi, the Group further consolidates its position in the sector and reaffirms its active role as a market-aggregating platform.

Fastener Fair Italy: meet Berardi Group

At booth 430 at the Fastener Fair Italy in Milan on October 29 and 30, you will have the opportunity to meet Berardi's sales team, discover the latest updates, or request a customized quote. Don't miss it!

Based in northern Italy, Berardi has been a key player in the industrial distribution for over 100 years. The company specializes in the distribution of fastening elements for companies with particularly complex needs in terms of product range, customization, and delivery times. Berardi Group has an extensive geographic presence, with 18 warehouses across the country and a catalog featuring over 130,000 items, 50,000 of which are available in stock for quick delivery. For more information, please visit www.gberardi.com.

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Tuesday, October 22, 2024