TMCI Padovan has signed an agreement with SAP Italia Rrl to acquire 100% of the company’s business. SAP Italia, located in Melegnano (MI), has been successfully operating for years in the field of equipment for the preparation of beverages, milk and dairy products, «egg products», ice creams, purees and sauces.

The transaction is aimed at strengthening the presence of TMCI Padovan in the typical areas of SAP Italy, currently partly covered by the commercial business unit Blendtech. The closing of the transaction is expected within the month of October.

«We welcome our friends from SAP» Declares Nicola Maron, president of TMCI Padovan, «the combination of the experience of the two companies will allow us to significantly expand the combined market of the two brands, SAP and Blendtech, with further significant growth opportunities in the sectors not currently covered by TMCI.»

«We enthusiastically announce this operation», declare Francesco and Mauro Radice, directors of SAP Italia, «which will generate synergies aimed at obtaining for our customers products with an increasingly higher technological content and a higher level of service, also considering the high quality of the technical resources of our companies».

Paolo A. Bonazzi, Chairman of Synergo Capital SGR, manager of Sinergia II fund, majority shareholder of TMCI Padovan states: «The acquisition is aimed at strengthening the market position of TMCI Padovan in the currently served segments of Wine, Soft Drinks, Beer and Food Fats, and to expand the offer of products and solutions in the related sectors of milk and dairy products, egg products, ice cream, purees and sauces. In a period of pandemic and distressed world economy, we are pleased to have supported TMCI Padovan and the Management Team in the realization of this important acquisition, in line with the broader project of aggregation and value creation pursued by the Sinergia II fund in the companies in which it invests. ”

The purchase was assisted by lawyers Alberto Bianco and Erica Lepore of Studio Legale Pavia e Ansaldo, as legal advisor, and by Paolo Mandelli, Antonio Zecca, Bernardo Porcellini and Andrea Moretta of Spada Partners, as tax and financial advisor.