Report Publication Announcement • Aug 28, 2019
Report Publication Announcement
Open in ViewerOpens in native device viewer


Bologna, 28 August 2019 - Marzocchi Pompe S.p.A. (AIM: MARP), a leading company in the design, production and marketing of high performance gear pumps and motors, announces that the main investments necessary for the launch of the new ELIKA Department have been made. This will allow to expand the production capacity of this low noise and high efficiency pump, covered by two patents, the company's flagship product. The objective is to satisfy the growing demand from the market, realizing the first results already by 2019.
"We are very pleased to have completed this first and important piece of our business plan." declared Gabriele Bonfiglioli, CEO of Marzocchi Pompe - "In 2019 we have already invested over 1 million euros, giving priority to the launch, in a recently renovated area of the historic headquarters of Casalecchio (BO), a new department focused on the production of the Elika pump in its various versions. We want to focus on the product, with higher margins than traditional ones, which we believe may be one of our main drivers of growth for the incoming years. Also thanks to the proceeds of the listing, in the second half of the year we will continue with further investments, for about half a million euros, aimed at launching new products and increasing the efficiency and productivity of our production sites. "
***
Marzocchi Pompe is a leading company in the design, production and marketing of high performance gear pumps and motors, which are used in various fields: industrial, mobile and automotive. 2018 closed with sales of approximately € 42.7 million. Founded in 1949, it is controlled by the Marzocchi family, which holds the majority of the shares and is present in the company with Paolo Marzocchi, President, and his son Carlo, in the Technical Area. The shareholder also includes CEO Gabriele Bonfiglioli and four other managers. The production is carried out entirely in Italy in the two locations of Casalecchio di Reno (BO) and Zola Predosa (BO). Marzocchi Pompe is present in over 50 countries through an international distribution network.
EnVent Capital Markets – Nominated Adviser Paolo Verna [email protected]
Marzocchi Pompe S.p.A. [email protected]
CDR Communication - Investor e Media Relations Silvia Di Rosa [email protected] Andres Olivieri [email protected] Martina Zuccherini [email protected]
Building tools?
Free accounts include 100 API calls/year for testing.
Have a question? We'll get back to you promptly.