Important change in Duplomatic’s corporate structure

Important change in Duplomatic’s corporate structure
3
May

The majority share of Duplomatic Oleodinamica Group has been recently acquired by Private Equity Fund Alcedo sgr*, which took it over from the previous owner, Progressio sgr.

MaddalonAlcedo will now support the Group – which currently boasts on a turnover that exceeds 70 million Euros and counts on seven manufacturing sites across the world – in its expansion across new marketplaces and in its planned M&As strategy.

Despite the ownership passage, the Group’s board will remain the same: Roberto Maddalon will keep managing the company’s activity, fulfilling the dual role of CEO and President.

*(Italian acronym that stands for Investment Management Company).

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