AKSÌA CAPITAL III - CURRENT
Born in the heart of the Marche region of Italy in 1964 as a small manufacturer of small circular saws, MEP has grown over the years to become a small multinational world leader in the supply of metal-cutting machines. With its innovative capacity, breadth of product range, reliability and technologically advanced production infrastructure, MEP Group is a leader in its niche for distribution and product quality.
Sector: Leading manufacturer of metal sawing machines
Investment Year: 2007
Investment type: secondary buy-out
Revenue class (€M): 25-50 (90% exported)
Employees class: 100-250
Office: Pergola (Province of Pesaro and Urbino)
Value creation: Aksìa Group guided MEP through the radical transformation from a tight family controlled company, mainly focused on the domestic market and on certain export markets in Europe, into a small managerial multinational capable of operating – both commercially and as a manufacturer/supplier – in all major world markets. Aksìa Group promoted its international development in Asia (subsidiary in China and production-trade agreements with India) and Latin America (sales subsidiary in Brazil), and supported the diversification into new markets and the upward repositioning of its range with the launch of new products and material handling systems. It completed the acquisition and integration of the Canadian competitor Hyd-Mech, which has enabled the group to achieve leadership in the North American market and expand its product range, now the most comprehensive on the market. It reworked the organizational structure to strengthen management, from middle management to the CEO and CFO, implemented ERP systems across the group, and improved business processes, from design to production to marketing.