Livingstone acted as exclusive financial advisor to Ennio Franceschetti, co-founder and Honorary Chairman of Gefran Group, in the acquisition of a 45.98% stake in Fingefran S.r.l. (“Fingefran”), the holding company controlling Gefran Group. The transaction increases Mr. Franceschetti’s stake to 100% of the voting rights in Fingefran, which in turn holds a 53.02% stake in Gefran S.p.A. Livingstone supported Mr. Franceschetti in the structuring, negotiation, and financing of the transaction, which included the acquisition of shares from the heirs of Giacomo Franceschetti, covering a 7.17% stake in Gefran.
Gefran, listed on the Euronext STAR segment of the Italian Stock Exchange and headquartered in Provaglio d’Iseo (Brescia), is a global player in industrial automation, offering advanced solutions in sensors, automation components, and motor control technologies. The group operates internationally with production facilities in multiple countries and derives approximately 70% of its revenues from foreign markets. In 2019, Gefran generated revenues of approximately € 140 million.
This transaction marks an important milestone in Gefran’s evolution, consolidating its shareholder structure and reinforcing long-term governance, continuity, and strategic direction. With operations in over 70 countries, the group continues to invest in technological innovation and industrial leadership.
“We are honored to have supported the majority shareholder of Fingefran in this pivotal transaction,” said Luca Maccagnani Castelli, Managing Partner at Livingstone. “This step reinforces the long-standing and stable commitment of the Franceschetti family to Gefran’s continued development and its growth ambitions on a global scale.”
This deal further confirms Livingstone’s strong track record in family business transitions and its deep expertise in the Italian Industrial and Automation sectors.
