PRESS RELEASE

INDUSTRY 4.0 FUND INVESTS IN TECNOTRI 

New investment for Quadrivio Group’s Private Equity fund.

Rototech acquires control of Tecnotri, a Brazilian company specialized in rotational molding.

Milan, November 10, 2022.

The Quadrivio Group acquires, through Rototech, control of Tecnotri Indústria de Plásticos SA, a Brazilian company specializing in rotomolding.

Since 2019, Rototech has been one of the six companies in the portfolio of the Indústria 4.0 Fund – Quadrivio Group’s private equity that invests in technological innovation and the digital transition of SMEs. The company specializes in the production of fuel tanks and Ad Blue, as well as air aspiration systems and other components for industrial vehicles, agricultural and land handling machinery. Rototech today has a significant international presence, with factories in Italy, France, India and Russia,to which is added an important partnership in China. The company, based in San Gillio (Turin),reconfirms, through this new add-on operation, its vocation for export, further reinforcing its presence in the international market and thus expanding the range of products offered.

In 2021,Rototech also acquired a majority stake in Carbon Cylinder: an innovative start-up specializing in the production of plastic drums wrapped in carbon filament for the storage of technical and medical gases and which, from September 2022, started production of type IV carbon drums. Furthermore, Rototech’s growth strategy includes the inclusion of a new CRO, as well as the participation of Salvatore Mazzarella (Leonardo) on the Board of Directors.

Tecnotri, in turn, is a Brazilian company with industrial headquarters in the State of Rio Grande do Sul, specializing in the production of rotomolding solutions, intended for industrial applications for moving materials and storing agricultural materials, among others. The company, with more than 20 years in the market, develops tailor-made products for its customers thanks to a collaborative design capacity that allows it to create a product with the desired shape and size. In 2021, Tecnotri generated 5 million euros in revenue, almost double compared to 2.7 million in 2019, with an Ebitda margin equal to 1.5 million euros (30% Ebitda margin), thus demonstrating good profitability and a great capacity for growth and development.

Rototech will share theknow-how relating to the automotive truck and agricultural machinery sector with Tecnotri,thus expanding its production capacity with investments in machines and equipment designed to satisfy the needs of customers in the Brazilian market. Rototech has already received new orders, currently managed in Italy, which will be transferred to the new subsidiary in the coming months. The proximity of the production unit to the local consumer market will improve margins and service quality. The acquisition opens up the Brazilian automotive market to Rototech, with an impact on revenue volume and profitability of more than 20%.

Leonardo Segat, founder and chairman of the Board of Directors of Tecnotri, will maintain a minority stake. The current management will continue to lead the company on its growth path, but within a solid international group.
“Quadrivio’s Industry 4.0 fund continues tovalue its subsidiary Rototech after its entry into the hydrogen chain with Carbon Cilinder. This time, taking on the leading role in shortening supply chains value”, declared Roberto Crapelli, Managing Partner of the Industry 4.0 Fund, who added: “In fact, with the acquisition of Tecnotri, a Brazilian company that operates in the plastic solutions sector with rotomolding, will be able to supply the Brazilian factories of its own customers (OEM). Despite the current situation, Rototech recorded a 15% increase in its revenue in the first eight months of 2022, confirming the competitiveness of its technologies and products.”

Leonardo Salazzari, CEO of Rototech, commented on the operation as follows: “We are very pleased to be able to integrate a young and innovative company like Tecnotri into the Group. The South American Truck and Agriculture market today offers many opportunities that Rototech intends to take advantage of immediately, through this new acquisition that follows that of Carbon Cylinder and which projects the Group into the world of sustainable mobility, making its strategy even more current and interesting.”

“For over 20 years, Tecnotri has been a Brazilian reference in rotomolding solutions. At this important moment, with immense enthusiasm, we announce that from 2022 we will become part of the Rototech Group’s European family. In a global operation, we will expand our product line which, from 2023, will be integrated with broad solutions in the automotive sector”, he states Leonardo Segatt, founder and Chairman of the Board of Directors of Tecnotri. “We will grow together with Rototech, already present in countries such as Italy, France, China, Russia and India. We reaffirm that the entire operation in Brazil, which includes the industrial unit in Vila Maria (RS) and the distribution centers in Campinas (SP) and Jaboatão dos Guararapes (PE), will be expanded, maintaining the current management.”

Rototech and the Industry 4.0 Fund were supported in legal due diligence and in the definition of contractual aspects by the Vicenzi Advogados Law Firm (Lawyers Fabio Vicenzi, Marlano Goulart and Gustavo Hermes). Thefinancial and tax due diligence was accompanied by the São Paulo office of Deloitte Touche Tohmatsu (Nivaldo Meldo and André Bastos). The companies were also supported in the operation, as deal advisor, by Nash Advisory (Giovanni Panigada, Roberto Simonato, Simone Giarratana and Giorgio Barbero).

CONTACTS INDUSTRY 4.0 FUND

Maria Pompilio

[email protected] [email protected] Tel. +39 02 89093758 +39 334 9297977

Quadrivio Group | Industry 4.0 Fund
Quadrivio Group | Industry 4.0 Fund Quadrivio Group is a company active in the world of Alternative Investments. The Group has operated in Private Equity for over 20 years. The Industry 4.0 Fund invests in the digitalization of SMEs, supporting them in international growth and the adoption of 4.0 technologies. The management team is made up of Alessandro Binello, Walter Ricciotti, Roberto Crapelli and Pietro Paparoni, with the support of a highly specialized Senior Advisor Board. To date, the Industry 4.0 Fund has invested in F&DE Group, a leading company in services related to hotel catering (fedegroup.it); at Rototech, an Italian company that designs and manufactures plastic components for the industrial, agricultural and construction sectors (rototech.it); at EPI, a “click and brick” company that manages the official physical and online stores of the best Italian football clubs (episrl.it) and which last year took over Calcioshop, specialized in the sale of football equipment (calciooshop.it); at Texbond, one of the main European operators in the production of non-woven textiles dedicated to the world of hygiene (texbondspa.com); at Soft N.W., specialized in the production and distribution of non-woven textiles for the world of agriculture and construction (softnw.com) and at Ska (skapoultryequipment), specialized in the production of systems for poultry farming (skapoultryequipment.com).

Information: quadriviogroup.com | industry4zerofund.com

ROTOTECH S.r.l.

Rototech S.r.l. was born in 1916 as a metal-mechanical company, founded by Oreste Accornero Senior. Today, the company is headquartered in San Gillo (Turin), where it designs and produces plastic components using the rotomolding technique for the industrial vehicle, agricultural and construction sectors. The main product is represented by the urea reservoir. Rototech is headquartered in Italy and has establishments in France, India and Russia, as well as an important partnership in China. The company has more than 450 employees worldwide.

Information: www.rototech.it

TECNOTRI INDÚSTRIA DE PLÁSTICOS LTDA.

Tecnotri was founded in 2001 in Vila Maria – Rio Grande do Sul, as a company specializing in the production of different types of plastic containers for industrial applications such as material movement or storage of agricultural material through rotomolding technology. The company develops bespoke products for its customers, thanks to a collaborative design capability that allows it to create a product with the desired shape and size.

Information: www.tecnotri.com.br

Fonts:
<https://www.quadriviogroup.com/it/media/rassegna-stampa/quadrivio-con-rototech-shopping-sudamerica-nel-gruppo-entra-tecnotri>  Accessed on 11/14/2022.
<https://www.quadriviogroup.com/it/media/rassegna-stampa/rototech-quadrivio-group-acquisisce-la-brasiliana-tecnotri>  Accessed on 11/14/2022.