Alcedo sgr Private Equity Fund acquires the majority share of Duplomatic Oleodinamica Group

In the last few days, there has been a major change in the ownership structure of Duplomatic Oleodinamica Group. 
The majority share of our Group, previously held by Progressio sgr, is now owned by Alcedo sgr (Private Equity Fund).
Roberto Maddalon, Chief Executive Officer of Duplomatic Oleodinamica, will remain at the helm of the company
and will also become its President, thus confirming his full involvement in the management of all activities and
operations.
Duplomatic Group, established in 1952 to develop mechanical systems for machine tools, has specialised in the
production and sale of hydraulic systems and components for the industrial sector since the 60s. More recently,
the Group has also entered the promising electric actuator market.
In the last four years, with Progressio support, the Group has constantly grown in the international markets,
both thanks to internal production lines and through target acquisitions that have made Duplomatic an
increasingly global company. At present, with a turnover of over 70 million Euros, the Group operates seven
production sites, five of which are based in Italy, one in the U.S.A., and a further one in China.
Alcedo, deeply interested in investing in our growth project, will support Duplomatic Oleodinamica in its
geographic and commercial expansion strategies, involving both internal lines and further strategic acquisitions
in Italy and abroad.
In a highly promising world market, the Group’s aim is to continue its growth process so as to generate a yearly
turnover of 100 million Euros within the Group in the next 4 years, while exploiting the great possibilities for
further growth by taking advantage of the excellent acquisition opportunities offered by the market.
We are proud of representing Italian excellence, successfully competing in the global market, thanks to a
multinational profile, a highly qualified management team, and a strong export propensity. We feel certain that,
with the support of Alcedo fund, we will be in a position to achieve significant results in terms of growth, thus
satisfying the expectations of every Customer.

Parabiago, 14th March 2017