Consilium picks up majority stake in Fonderia Boccacci

• Boccacci family’s members will maintain a significant minority stake
• Consilium’s acquisition of Fonderia is the second deal of Consilium Private Equity Fund IV
• Consilium is an independent asset manager dedicated to private equity

Consilium, via its Consilium Private Equity Fund IV, has acquired a majority stake in Fonderia Boccacci, a company that designs and produces medium and large sized iron castings for several end-markets, from the Boccacci family.

No financial details of the transaction were disclosed.

Boccacci family’s members will collectively retain a significant minority stake, according to a release.

Fonderia Boccacci is based in La Spezia, Italy. The company recorded a turnover in excess of €50 million in 2022.

Boccacci family’s members, CEO, and the rest of the management team will remain involved in the respective managerial roles, the release added.

Consilium’s acquisition of Fonderia Boccacci is the second deal carried out by Consilium Private Equity Fund IV.

Consilium was advised by Gattai, Minoli, Partners, EY, Kearney, Fieldfisher, 4ward Consulting, Greenwich, Deloitte and Aon.

The transaction was financed by Crédit Agricole Italia, as agent bank, and Banco BPM, the release said.

Consilium, based in Milan, Italy, is an independent asset manager dedicated to private equity. The firm has assets worth €300 million under management.