CBG Acciai is a leading manufacturer of premium band saw blades with applications in the printing, wood, meat, stone and recycling industries. The Group generates more than 70% of its sales abroad, leveraging extensive know-how developed during its century of existence on this market. Over the years, the company has carried out a buy-and-build strategy resulting in a diversified Group capable of providing solutions across all relevant applications and poised to position itself as an industry leader.
In April 2022, together with Azimut Libera Impresa, HLD acquired a minority stake in the company. CBG Acciai operates in a market niche experiencing annual growth of 5-7%, driven by technological trends, as well as specific industrial drivers such as the increase in timber use and meat consumption, or the growth of the recycling industry.
In CBG, HLD recognized the characteristics of a leading player operating in a growing market with a fragmented competitive landscape that has significant room for M&A opportunities both in Italy and abroad.