E.G.O. Blanc und Fisher & Co. GmbH acquired Defendi Group

Fineurop Soditic acted as financial adviser to E.G.O. Blanc und Fisher & Co. GmbH in the acquisition of Defendi Group.

Company
Defendi Group
Transaction
Sector
Activity
Gas cooking equipment components
Date
Country
Italy - Germany

Established in the province of Ancona in 1954, Defendi produces and exports worldwide technical components for gas run cooking equipment such as burners, injectors, injector holders, special nuts, igniters and thermocouples. Defendi operates two high technological production plants in Italy and Brazil, it has a workforce of 270 people and recorded 2012 sales of €60 million.

E.G.O. is an international high-tech company and one of the leading global manufacturers of domestic appliance technology, components and products. The Group has subsidiaries in 16 countries and recorded 2012 sales of €526 million. The two groups are highly complementary in terms of both international presence and growth strategy; Defendi’s products will contribute to complete E.G.O.’s wide range of products.