Biesse — M&A Activity 2021

Oct 12, 2021

Integration of the press release regarding Forvet Costruzione Macchine Speciali S.p.A.

Pesaro, 12 October 2021 – As integration of the press release dated 11 October 2021.

Forvet Costruzione Macchine Speciali S.p.A., a manufacturer of special automated machines for glass machining. (amount in /000 of Euro)

Net sales 2019	Value of Production 2019	EBITDA 2019
24.784	25.227	8.622
Net Sales 2020	Value of Production 2020	EBITDA 2020
15.635	17.057	6.198

Biesse Group is multinational leader in technology for processing wood, glass, stone, metal, plastic and composited materials. It designs, manufactures and distributes machines, integrated systems and software for manufacturers of furniture, door/window frames and components for the constructions, ship-building and aerospace industries. The Group realizes the 85% of the total turnover outside Italy, using 13 premises, 39 subsidiaries, 300 selected dealers. Its customers include some of the most prestigious names in Italian and international design. Founded in Pesaro in 1969 by Giancarlo Selci, Biesse has been listed in the STAR segment of the Italian Stock Exchange since June 2001. It actually has almost 4,300 employees distributed all over the world.