Novastone Capital Advisors acquires Mecavit 12 June 2024

Novastone Capital Advisors GmbH, a Swiss company renowned for managing the world’s largest Entrepreneurship Through Acquisition (ETA) programme, has successfully acquired 100% of Mecavit Srl, through an Italian special purpose vehicle.

With a 40 year history and based in Castel Guelfo di Bologna, Mecavit. has established itself as a trusted name in the fastener manufacturing industry, known for its high-quality products. The company's growth and reputation have been carefully nurtured by its partners over the years. The sellers will reinvest in the project, ensuring its continuity and future success.

Nicoletta Nutrito, an engineer and local resident with extensive experience in both national and international industries, will lead the company. Her vision is to maintain the company’s high standards of quality while fostering innovation and growth. “Our goal is to prioritise quality, technical expertise, and reliability, while expanding our offerings to new markets,” comments Nicoletta Nutrito.

Former partners Giuseppe Verdoliva and Giorgio Grillini will continue to support the company alongside Mrs Nutrito. “We are pleased to pass the management to a professional from our region who not only possesses the necessary skills but also shares our values and is committed to ensuring growth and continuity,” says Bruno Carafa, director, speaking on behalf of the other partners.

Deputy Editor

Claire Aldridge Deputy Editor t: +44 (0) 1727 743 889

Biog

Having spent a decade in the fastener industry experiencing every facet – from steel mills, fastener manufacturers, wholesalers, distributors, as well as machinery builders and plating + coating companies, Claire has developed an in-depth knowledge of all things fasteners.

Alongside visiting numerous companies, exhibitions and conferences around the world, Claire has also interviewed high profile figures – focusing on key topics impacting the sector and making sure readers stay up to date with the latest developments within the industry.