SAIP majority acquired by Siparex

A 75% stake in SAIP, an Italian company engaged in the manufacture of hydropneumatic accumulators and pulsation dampeners, has been acquired by Siparex Investimenti 2 and Siparex MidCap III. The Zanardi family, which is the vendor, will maintain a 25% stake in SAIP.

With over 30 years of activity, SAIP is a leader in the manufacturing of hydro-pneumatic accumulators and pulsation dampeners, designed to meet the most complicated and mission critical applications in the automotive, agriculture/earth-moving and oil industry. SAIP has consistently supplied first-tier companies over the years and has gained a worldwide reputation of excellence and quality.

Translink Corporate Finance acted as the financial adviser to SAIP shareholders, whilst Siparex has been assisted by Rucellai & Raffaelli as legal advisor and EY as accountant. The deal has been partially financed by Mediocredito Italiano.

 goetzpartners performed the strategic due diligence.