Reindustrialization in the connector manufacturing sector
Year 2023 - ongoing, Reindustrialization
/ OUR CUSTOMER
An Italian company belonging to an American multinational that, with a turnover of approximately 16 billion dollars and over 85,000 employees, is present in 140 countries worldwide and has been operating in the industrial automation sector for more than 75 years. The plant is located in the North of Italy, occupies an area of over 20,000 sqm and had around 230 redundancies.
Why we intervened

As a result of a reorganization of the production structure on a global scale, the group had planned to close the plant producing electrical connectors and connectivity solutions for the "white goods" sector. We were asked to identify an industrial player with compatible business, interested in developing its activity by taking over the asset and re-employing the people.

How we intervened

- Feasibility analysis and reindustrialization project; - Drafting of supporting documents; - Search for potential taking over companies; - Participation in Trade Union meetings.

The outcome

Ongoing project


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