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Continuation of buy-and-build strategy
€65.0mn
Equity investment
€59mn
Revenues 2021
250
Employees 2021

KEY FACTS AT A GLANCE

  • Manufacturer of metal applications in the luxury goods industry
  • Established position in a resilient end market
  • Continuation of buy-and-build strategy
  • Offering highest level of service to the growing upper-end market

METALWORKS

Investment by
DBAG FUND VIII

€65.0MN

DBAG'S INTEREST

€15.0MN

MANAGEMENT BUYOUT

MAJORITY
INVESTMENT OF
DBAG FUND VIII

First invested

JUNE 2022

REVENUES in €mn

 

59

 

2021

As of July 2022

~6

per cent

market growth worldwide over the past 25 years

We will support the management’s buy-and-build strategy and thus expand the Group's strong market position.

GIOVANNI REVOLTELLA
MANAGING DIRECTOR DBAG ITALIA

PROFILE

Three companies operate under the umbrella of MTW Holding, complementing each other in terms of product range and customer relations: Metalworks, Mengoni & Nassini and FGF. The Group designs and produces high-quality metal accessories for luxury fashion brands. Typical products include belt buckles, clasps or fittings for handbags, shoes and clothing, as well as jewelry or emblems of almost all major iconic luxury brands. These products are made of metals such as brass, zamak or steel as well as plastic. Crucial to the company's success is its ability to turn customers' design ideas into a marketable products of highest quality in a matter of days. Proximity to Italian and French high-end fashion brands, which are highly dependant on innovation and creativity of their suppliers, also plays a major role.

The Group employs 250 people at its sites near Bergamo and Florence; a sales office was recently opened in Paris to deepen relations with French luxury goods brands. The Group serves an end market that has grown globally by an average of six percent over the past 25 years.

POTENTIAL FOR DEVELOPMENT

The Goup already holds a well-established position in a highly resilient market. In the coming years, the Group is expected to grow through corporate acquisitions, and also record organic growth through innovative products made from sustainable materials for existing and new customers.

 

Responsible team member

Giovanni Revoltella
Giovanni Revoltella

Managing Director

Giovanni Revoltella
+39 0200 70 246-8

Giovanni Revoltella

Managing Director

Giovanni Revoltella leads DBAG Italia as Managing Director since 2021.

He has 18 years of experience in private equity. He started his career at Lehman Brothers M&A in London and subsequently worked as an investor at Argan Capital, Italy1 Investment SPAC and Capvis.

Giovanni Revoltella obtained a degree in economics from Bocconi University, Milan, and also studied at the University of Cologne. 

Current portfolio companies

Metalworks

Former portfolio companies

Giovanni Revoltella

Managing Director

+39 0200 70 246-8