Bonfiglioli becomes sole owner of O&K Antriebstechnik

Bonfiglioli and Carraro have completed last November 20th the agreement signed in November 2015 by acquiring the remaining stocks of O&K Antriebstechnik, for a total of 17 million euro. The company is now under the sole ownership of Bonfiglioli, and in the last three years the cooperation mechanism behind the agreement has boosted sales within the entire O&KA business sector, going from 36 million euro of consolidated revenue in 2015 to approximately 65 million in 2018.

The strategic intent of leveraging the great market complementarity between Bonfiglioli and O&KA had thus a very positive market response, and produced very important operative synergies between the two brands. Bonfiglioli is now aiming to continue along this path, by maximizing the expansion on the market of heavy machinery, construction and mining machinery, as well as marine, port and airport equipment, thus extending the company’s global positioning also in the high-power transmission and control.

The decision to accelerate the finalization of the sale of O&K Antriebstechnik finally offered the Carraro Group the opportunity to further focus on its core business.

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