Metrika SGR invests in CMC
Since it was founded in 1992, CMC has continued to grow, establishing itself as a leading brand in the production of tracked aerial platforms. Now, private equity company Metrika SGR has invested in 70% of the company’s share capital, growth is expected to increase exponentially
The partnerships aims to create added value for CMC’s investors and stakeholders by managing generational transitions and development projects with proactivity and vision.
The capital injection due to the entry of Metrika SGR into the company will allow CMC to implement several development programmes. These include: the expansion of the current factory by 12,000sqm for new production lines, the expansion of the current range of spider platforms with new models and new product families and the strengthening of its presence in foreign markets with the improvement of the distribution network in Europe and the USA. A targeted acquisition policy will also speed up the expansion of production capacity to meet the growing number of orders from the market.
The Mastrogiacomo and Moretti families, founders of CMC, will remain on the company’s board of directors where Alessandro Mastrogiacomo has already assumed the role of CEO and Giuseppe Moretti that of COO.
“Those who design machines like our spider platforms know that the higher you want to go, the more solid and stable the base on which you stand must be,” said Alessandro Mastrogiacomo. “With this operation, CMC confirms itself as a leading company, not only in terms of production, but also from a managerial perspective. Today we are preparing for a real leap in category that will allow us to definitively adapt the level of our organisation to the quality of our products”.