Armònia Italy Fund II Finalises Second Investment in Industrial Group

Overview of the Investment

Armònia Italy Fund II, managed by Armònia SGR, has completed its second investment by acquiring a majority stake in a newly established industrial group. This group is formed through the integration of three companies: Oleodinamica Geco, Dorigo Utensili, and Lamev.

Strategic Objectives and Sector Focus

The new industrial platform specialises in producing high-precision mechanical components serving the oil & gas, aerospace, and industrial sectors. The investment aims to:

1. Accelerate the industrial integration of the three companies
2. Enhance commercial synergies
3. Support growth both domestically and internationally

Management and Ownership Structure

• The sellers, who are also the founders and key managers of the three businesses, will continue to be involved in the group’s development.
• They will retain a minority stake, ensuring ongoing commitment and expertise.

Comments from Armònia SGR Leadership

Alessandro Grimaldi, Founding Partner and CEO of Armònia SGR, stated:

“This second investment, which comes just weeks before the final close of the Armònia Italy Fund II fundraising period, reflects the core characteristics of our investment strategy. It is a primary deal, developed in a proprietary context with a strong partnership component with the entrepreneurs involved. The polycrystalline diamond precision tools sector has demonstrated solid historical growth and positive prospects, and this consolidation project will further enhance the value creation process.”

Alignment with Sustainable Development Goals (SDGs)

The investment by Armònia Italy Fund II strongly aligns with several United Nations Sustainable Development Goals (SDGs), highlighting its commitment to sustainable and responsible business practices:

SDG 8: Decent Work and Economic Growth

• By integrating and expanding the industrial group, the investment promotes sustained economic growth and productive employment in the manufacturing sector.
• Supporting domestic and international growth fosters job creation and entrepreneurship.

SDG 9: Industry, Innovation, and Infrastructure

• The focus on high-precision mechanical components advances industrial innovation and infrastructure development.
• Consolidation of companies encourages technological advancement and industrial integration.

SDG 17: Partnerships for the Goals

• The partnership model involving entrepreneurs and key managers exemplifies collaborative efforts to achieve sustainable industrial growth.
• Strong partnerships enhance resource sharing and value creation, supporting long-term development objectives.

Conclusion

The acquisition by Armònia Italy Fund II represents a strategic move to build scalable and internationally competitive industrial platforms. Through this investment, Armònia SGR demonstrates its commitment to sustainable development by fostering innovation, economic growth, and strong partnerships in line with the Sustainable Development Goals.

1. Sustainable Development Goals (SDGs) Addressed or Connected

1. SDG 9: Industry, Innovation and Infrastructure
   • The article discusses the integration of three industrial companies specializing in high-precision mechanical components for sectors such as oil & gas, aerospace, and industrial sectors, highlighting industrial growth and innovation.
2. SDG 8: Decent Work and Economic Growth
   • The investment aims to support domestic and international growth, indicating economic development and job creation.
3. SDG 17: Partnerships for the Goals
   • The article emphasizes the partnership between Armònia SGR and entrepreneurs, reflecting collaboration to build scalable and competitive industrial platforms.

2. Specific Targets Under Those SDGs

1. SDG 9 Targets
   • Target 9.2: Promote inclusive and sustainable industrialization and, by 2030, significantly raise industry’s share of employment and gross domestic product.
   • Target 9.5: Enhance scientific research, upgrade the technological capabilities of industrial sectors.
2. SDG 8 Targets
   • Target 8.2: Achieve higher levels of economic productivity through diversification, technological upgrading, and innovation.
   • Target 8.3: Promote development-oriented policies that support productive activities, decent job creation, and entrepreneurship.
3. SDG 17 Targets
   • Target 17.17: Encourage and promote effective public, public-private, and civil society partnerships.

3. Indicators Mentioned or Implied in the Article

1. Indicators for SDG 9
   • Manufacturing value added as a proportion of GDP and per capita (related to industrial growth).
   • Research and development expenditure as a proportion of GDP (implied through technological upgrading and innovation in precision tools).
2. Indicators for SDG 8
   • Annual growth rate of real GDP per employed person (economic productivity).
   • Proportion of informal employment in non-agriculture sectors (implied through formalization and growth of industrial companies).
3. Indicators for SDG 17
   • Number of partnerships and collaborations between private sector and entrepreneurs (implied from the partnership strategy).

4. Table of SDGs, Targets, and Indicators

Source: pe-insights.com