Ethica Corporate Finance advised Wise SGR in the sale of the majority of SPII to Schaltbau
SPII is an Italian company active in the production of manoeuvring benches, control panels, combiners and isolators for the railway sector and offers engineering and maintenance services.
Schaltbau GmbH is a German group, listed in Frankfurt and Munich, leading provider of components and systems in the transport technology as well as in the capital goods sector.
Roberto Foiadelli, Chairman of SPII, said: “I am very proud of the growth path made with Wise that has led SPII to look to the future with optimism and determination, aware of belonging, from today, to a solid and dynamic Group with which SPII collaborates with satisfaction for over 40 years”.
Fabrizio Medea, Partner of Wise SGR, declared: “Today we are completing a path started together with the Foiadelli family that has always believed in the potential of SPII and has supported us in transforming it into one of the Italian excellence worldwide in this sector; with the Schaltbau Group, a new and exciting phase of further development for the company and of opportunities for the people who work there begins, and I am very satisfied with this”.