Livingstone acted as exclusive financial advisor to Ezio Bruno, sole shareholder and CEO of Frandent Group S.r.l. (“Frandent”), a specialized manufacturer of agricultural machinery, in connection with the sale of a majority stake to the Burel Group, a French industrial group active in the same sector.
Founded in 1977 in Osasco (Turin), Frandent designs and manufactures a range of agricultural equipment, including power harrows, tedder spreaders, and rotary rakes. Its product portfolio is organized into three core divisions: land working (soil), seeders, and grass management.
The Burel Group, a French family-owned company, operates through well-known brands such as Sulky, Sky Agriculture, and Prolog. The acquisition is part of the group’s “Farming Together” project, aimed at consolidating its presence across the European agricultural machinery market.
The transaction brings together two complementary and independently managed companies with shared values and deep technical expertise. It provides Frandent with access to broader international markets and opens opportunities for future technological collaboration.
“The combination of Frandent and Burel Group brings together two independent manufacturers with complementary capabilities and a shared vision,” said Luca Maccagnani Castelli, Managing Partner at Livingstone. “We are proud to have supported a family-owned business through a generational transition while preserving its entrepreneurial legacy.”
“I am very pleased to see my family business become part of another family-owned group. Frandent’s history began with my father, and this divestment will allow us to secure the future of the company. I will oversee this transition to ensure its success.” Ezio Bruno, Founder & CEO of Frandent Group S.r.l.
This transaction further reinforces Livingstone’s expertise in cross-border Industrial M&A and its continued commitment to supporting family-owned companies in finding the right strategic partners for long-term success.
