Benincà Group, a group specialised for more than forty years in the field of automation and access control in the industrial, commercial and residential areas, has announced the acquisition of Seav S.r.l., an Italian company and leader in the production of electronics and software for the home automation market. In particular, Seav S.r.l, located in Osimo (AN), with 23 employees and a revenue of more than EUR 4 million in 2022, half of which was generated in Italy. For more than 40 years, Seav has been designing and developing products and solutions that respond to the needs of many different sectors, from automation for gates, roller shutters, awnings and pergolas to transmitters for kitchen hoods. The acquisition took place through the purchase of 90 per cent of Seav's shares and the ownership of the property This acquisition follows that of Apromix RFID S.r.l last year, demonstrated the willingness of the Benincà group, well established abroad with 11 subsidiaries, to keep investing in the Italian market. “We are back to invest in Italy", says Aldo Benincà, founder and managing director of Automatismi Benincà. "In fact, Italy represents an important country for us and Seav S.r.l, which has been successfully operating for 40 years in the production of electronics on the national market, is a strategic partner to carry on our growth through external operations through M&A”. "This acquisition, along with the 2022 incorporation of Apromix RFID S.r.l., enriches our skills and know-how, and enables us to better satisfy our customers in Italy and worldwide. We believe it is crucial to continue to invest in technical expertise in order to achieve further growth in such a vibrant business field," commented Luigi Benincà, founder and CEO of Automatismi Benincà.
We would like to thank for the valuable contribution the professionals of Consimp, coordinated by Dr. Michele Graziani and for the legal part, the firm AFPC - Avv. Nicola Cera.
