Group FIMO acquires DCE

Group FIMO acquires DCE

October 31st, 2018. Fimo Group, global leader in the production and distribution of fixing devices and camouflage solutions in telecom arena, controlled since 2015 by the investment fund IGI Investimenti Cinque, belonging to IGI Private Equity, has acquired DCE Srl, company with headquarter in Pomezia (RM), active in design and production of harnesses and interconnections systems for mobile and fixed telecom infrastructure. The development of telecom infrastructure, both in mobile with the consolidation of 4G and the arrival of 5G, and in fixed with the rollout of the European Ultra Broad Band project, needs more of such systems, often tailor-made. Fimo Group thus adds an additional product line, on top of components and concealing solutions, to strengthen its presence in the telecom arena and reinforce the growth process.

Luca Tamberi, CEO of Fimo Group, has commented: “We have acquired DCE to boost our growth process widening our portfolio. The competence of Mariano Sestili, CEO of DCE, and his team, will be one of the pillars of our future growth strategy. This acquisition allows Fimo Group to increase specific competences to expand our offer, helping the Group to reinforce its position as one of the key players in the telecom sector”.

Fimo Group has been assisted by K Finance as financial advisor, as well as by Nctm for legal aspects.