Investindustrial gains control of Fassi cranes

Andrea Bonomi's fund will have 70 per cent of the shares, the Fassi family 30 per cent

Key points

• The sales process

• Group numbers

The Investindustrial Group took over the majority of the Fassi Group, a Bergamo-based engineering company and one of the world's leading manufacturers of articulated cranes and other truck-mounted lifting equipment.

Elevation Investment Opportunities Sarl, an investment company managed independently by Investindustrial VII, has in fact finalised an agreement to invest in the Fassi group.