Italian machine vision system supplier 592 Tattile has announced a significant re-launch plan that will see European private equity fund Ambienta take a 70 per cent shareholding in the company. Ambienta focuses on the environmental industry and is seen by Tattile as the deal partner to support the company’s plans and business internationalisation.
Ambienta’s investment will be a key factor in the company’s growth strategy and will enable Tattile to conclude a number of important projects that the company has recently started in the industrial, traffic and railway sectors and will also consolidate the company’s organisational structure and management.
The financial and strategic expertise offered by Ambienta will enable Tattile to consolidate its competitive position and growth process, by expanding the existing business, winning new customers, and making new acquisitions. The company says it is now well positioned to take advantage of the growth opportunities available in a market that is growing at an annual rate of 10 per cent, driven by the increasing need for energy efficiency and a better use of resources.
Tattile’s current CEO, Corrado Franchi, who has sound experience in restructuring and re-launch projects, will remain CEO.
Ambienta’s investment will be a key factor in the company’s growth strategy and will enable Tattile to conclude a number of important projects that the company has recently started in the industrial, traffic and railway sectors and will also consolidate the company’s organisational structure and management.
The financial and strategic expertise offered by Ambienta will enable Tattile to consolidate its competitive position and growth process, by expanding the existing business, winning new customers, and making new acquisitions. The company says it is now well positioned to take advantage of the growth opportunities available in a market that is growing at an annual rate of 10 per cent, driven by the increasing need for energy efficiency and a better use of resources.
Tattile’s current CEO, Corrado Franchi, who has sound experience in restructuring and re-launch projects, will remain CEO.
