April 2024 - Bonfiglioli Consulting announces that it has completed the 100% acquisition of the shares of Octagona, specializing for more than two decades in the processes of intern
actionalization. The transaction completes a collaboration that began in 2017 and resulted in Bonfiglioli Consulting joining Octagona's shareholding structure at 51% in March 2022.
The closing that took place in recent days saw Studio Gnudi with Gianluca Settepani and Sogeda with Fabio Pellegrino on the tax and accounting side of the acquiring party; on the side of the acquired party, Paolo Bellucci of the firm of the same name.
With the new arrangement, thanks to Octagona is officially established the Group business unit dedicated to the internationalization of companies, under the direction of Alessandro Fichera, co-founder and former CEO of the company, who also joins the corporate structure as equity partner. Umberto Mirani, former equity partner, becomes director of the Group's BU Italy.
The Bologna-based company thus confirms its desire to be a benchmark of consulting for the national and international manufacturing world. Forerunner of the lean method, which it was founder Romano Bonfiglioli himself who introduced among the first in Italy at the turn of the 1980s and 1990s, the company has been at the side of leading Italian industries that are leading the way in growth. With the second generation, since 2010 it has experienced a new impetus thanks to the leadership of Michele Bonfiglioli, the current CEO, who has directed its managerialization process, preparing the ground for internationalization. The strategy is to consolidate internationally by continuing to support the growth of Italian companies engaged in development in foreign markets.
The completion of the acquisition thus marks the birth of a large Italian Group with an international vocation and family imprinting. Also part of the growth strategy is the progressive expanding the offering of different, integrated services that are fundamental to the transformation and evolution of companies, especially in this historical era of great and frequent change: value generation, operational excellence, supply chain management, digitalization, change management, organization & training, and human resource development.
We are giving substance to our plan to be an Italian Group with an international outlook to support our companies with a vocation abroad. - Ad Michele Bonfiglioli comments. - To do this, it is also necessary to have the right size to follow large Italian groups. Our desire is to flank family-owned, management-run companies with a turnover of between 100mln and 2bn euros. There are over three thousand of them and they represent the backbone of our economy. These are the same companies that in order to grow and remain competitive must think globally, focusing on sustainability and investing in the digitization of streamlined and consolidated operational processes. Even if historically business organization has German, American or Japanese matrices, we Italians have a lot to say, because to the rigor of the method we know how to put side by side the all-Italian flexibility and creativity in problem solving."
With the acquisition of Octagona, the Bonfiglioli Consulting Group can already count on an international presence with 12 offices and more than 100 employees on 3 continents.
We have been involved in the internationalization of Italian companies for more than 20 years and are deeply rooted in highly strategic areas such as the U.S. and India, where we have stable collaborations with local entities and associations of the productive world, as well as with Italian diplomatic networks. - He explains Alessandro Fichera, co-founder of Octagona - We are constantly investing to structure ourselves and further strengthen our presence in these areas. Our partnership combines diverse and complementary skills and knowledge: from operational excellence to digitization to internationalization, not forgetting people, who are a key asset, because it is with the right involvement and preparation of people that companies can upgrade, transform and continue to grow by adapting to different geographical, historical and socio-political contexts."
Ihe business plan is to gradually increase sales from 9 million in 2023 to 15 million in 2026 by continuing the Group's steady growth trend.
ai translated