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ELETTROTEK KABEL acquires MB GROUP

The growth of Elettrotek Kabel does not stop and recently after reaching the milestone of its first 20 years, they have set out another ambitious goal thanks to the acquisition of the MB Group. A union that strengthens and completes the offer proposed by Elettrotek Kabel by adding a further component to its range of products and offered services.

With over 30 years of experience, the MB Group is specialised in the production of connectors and customised assemblages relying on the insert-moulding technology and using modern technologies for the production, control and certification. Each production step in the company takes place at the facility of Castelnovo di Sotto (RE) where low and high pressure moulds and insert-moulds are made with application in various industrial sectors, such as in the medicine, industrial automation, renewable energy and electrical traction sector.

The acquisition operation was coordinated by our Firm with a team guided by Attorney Francesca Baldi and Saimon Conconi and this will allow Elettroteck Kabel to continue its growth in the market as an international group.

CEO of EK Group, Roberto Gallingani, added that: “The acquisition of the MB Group is for our group an additional demonstration of the standards of integrity and quality to which Elettrotek Kabel has always strived and is a major step towards consolidating and increasing presence in the markets involved in the energy transition. Today we are able to supply high tech systems with value added to all customers directly and indirectly involved in the climate change of the planet. This is an implementation that brings a turnover for the company to Euro 80 million and that will allow the current 140 employees to develop ever more innovative projects with cutting edge systems.”

“For this reason we are very proud to include another excellence of the territory in the EK Group that can export the production value of Made in Italy along with us”

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