GCA Advises Sumitomo Heavy Industries on Its Acquisition of Lafert Group
The acquisition of Lafert is a milestone in Sumitomo Heavy Industries’ expansion strategy in the electric motors and industrial machines electrification space. Lafert will be the global Competence Center for the research and development of all Sumitomo Drive Technologies motors and will also be the point of reference for the market development in the future.
Lafert will lead, on a global scale, the sales, marketing, R&D and engineering activities for motors manufactured in its production facilities in Italy, Slovenia and China.
Sumitomo Heavy Industries will support Lafert’s growth strategy and will assist the company in consolidating its leading position in the electric motors market. Both Sumitomo Heavy Industries and Lafert will mutually benefit from accessing new markets.
This transaction highlights GCA’s longstanding relationship with Sumitomo Heavy Industries, which has resulted in six successful advisory engagements to date. The acquisition of Lafert is Sumitomo Heavy Industries’ largest acquisition to date.
GCA is a global investment bank that provides strategic M&A, capital markets and private funds advisory services to growth companies and market leaders. The firm offers worldwide coverage with over 400 professionals in 18 offices across America, Asia and Europe. Built by the people that run the business, GCA is a firm of experts who focus on deals that require commitment, original perspective, skill and exceptional networks. Learn more at www.gcaglobal.com.