Rollon acquires the Italian company T RACE and strengthens its linear motion range: this is the fifth acquisition in 6 years for the group from Vimercate
Rollon, the international group based in Vimercate specializing in linear motion, automation and robotics for a wide range of industrial applications, including industrial machinery, railway, aerospace and medical - has announced the finalization of the acquisition of T RACE, an Italian manufacturer of linear and telescopic motion rails, with headquarters and a production plant in Aicurzio, Monza Brianza, and foreign branches in Germany and China.
The acquisition - the fifth since 2011, following Hegra in Germany in 2015 and TMT in Italy in 2016 - strengthens Rollon’s offering of linear motion solutions by extending its current range with complementary products such as the MONORACE linear motion rails. These will be further developed through the Group’s Research & Development and production processes. Rollon thus consolidates its positioning in the fields of automation and robotics in industrial machinery, logistics and railway applications, confirming its leading role in these sectors.
The Group expects to grow by 15% in 2017, with revenues reaching close to €100 million, thus pursuing its ongoing double-digit growth in the last 4 years. These results are in part due to a proactive strategy of expansion on international markets, accelerated since 2013, with subsidiaries in Germany, France, USA, Japan, China and India, and Representative Offices in Russia, Brazil and the United Kingdom. The Rollon Group employs around 500 people worldwide, of which more than 300 in the production plant in Vimercate. The staff and R&D department of T RACE will be fully integrated into the Rollon headquarters.
The acquisition was finalized with the support of LGI (Chequers Capital) and IGI Investimenti Cinque.
“The acquisition of T RACE strengthens Rollon’s role as a global provider of linear motion solutions, in European, American and new markets” commented Eraldo Bianchessi, CEO of Rollon Group. “This new acquisition helps us improve our ability to meet the needs of customers and of a variety of markets in constant evolution".
“The success of our strategy of expansion abroad results from our ability to offer an increasingly comprehensive range of solutions” Rudiger Knevels, General Manager of Rollon Group said. “This important acquisition will offer us new opportunities in various markers, enhancing Rollon’s position as a global Group”.
The legal firm DV Studio Legale and the tax consulting firm Fieldfisher supported Rollon S.p.A. throughout the acquisition.
T RACE web site: www.t-race.com