Bonfiglioli S.p.A completes acquisition of Selcom Group S.p.A

Bonfiglioli S.p.A completes the acquisition of Selcom Group S.p.A., specialized in the design, production and sale of electronic boards, electronic products, as well as software and solutions for customers in the industrial, biomedical, automotive, intra-logistics and home-appliance automation sectors.

Bonfiglioli S.p.A, following the communication released on 7 February 2023, is proud to announce that today it completed the 100% acquisition of the share capital of Selcom Group S.p.A.

The parties executed the agreement after verifying all the conditions precedent envisaged by the same, having obtained the necessary administrative authorisations pursuant to the Golden Power investment screening regime and antitrust regulations. 

“We are pleased to be able to actively count on the presence of Selcom within our Group. We are certain that we will share a wonderful and challenging journey, which will lead us to increasingly competitive value propositions thanks to the skills, determination and commitment of all”, commented Sonia Bonfiglioli, Chair of Bonfiglioli S.p.A.