October 2026
Largest Machinery Public Companies in Italy
Benchmark revenue and EBITDA valuation multiples for public comps like
Interpump Group, Danieli & C. Officine, Comer Industries, Tesmec and Euro Group Laminations.
 | Interpump Group is an Italian industrial group headquartered in Sant'Ilario d'Enza, near Reggio Emilia, that manufactures high-pressure and ultra-high-pressure plunger pumps and a broad range of hydraulic components. It was founded in 1977 by Fulvio Montipo and operates in two sectors, hydraulics and water-jetting. Hydraulics covers power take-offs, cylinders, valves, hoses, fittings and reduction gears, while water-jetting covers high-pressure pumps and, since 2017, equipment for the food, cosmetic and pharmaceutical industries. The shares trade on Borsa Italiana under the ticker IP and are part of the FTSE MIB and STAR indices. In 2025 the group reported revenue of 2,070.7 million euros and EBITDA of 462.0 million euros. It has grown mainly through acquisitions, including Teknoice in 2026, Transtecno and Alfa Valvole in 2024, and I.Mec and Waikato in 2023. | $41 | -21% | $4.3B | $4.6B | 2.0x | 9.3x | ||
| Danieli & C. Officine Meccaniche is an Italian engineering group headquartered in Buttrio, near Udine, that designs, builds and services plants and equipment for the steel and metals industry. It is listed on Euronext Milan. The group has production and service centres in several countries and sells rolling mills, minimills and automation systems, together with spare parts and after-sales services. For the year to 30 June 2026 it reported revenue of EUR 3,833.5 million, EBITDA of EUR 438.9 million and net profit of EUR 230.4 million. It has grown partly through acquisitions, among them the engineering firm FATA in 2015, and in 2026 it took part in a funding round of the nuclear technology company Newcleo. In June 2026 it sold its majority stake in the regional broadcaster Telefriuli. | $58 | +50% | $3.5B | $399M | 0.1x | 0.9x | ||
| Comer Industries is an Italian manufacturer of power transmission systems and mechatronic solutions, founded in 1970 and based in Reggiolo, Reggio Emilia. It designs and produces gearboxes, drivelines, axles, hydraulic components and electric drives for agricultural machinery, construction equipment, wind power and electric vehicles. The Storchi family controls the group through Eagles Oak, and One Equity Partners holds a minority stake following the 2021 Walterscheid combination. The shares are listed on Euronext Milan, having moved from Euronext Growth Milan in July 2023. The group reported consolidated revenue of EUR 893.7 million and EBITDA of EUR 144.7 million for 2025. It grew through the acquisitions of Walterscheid Powertrain Group in 2021, Benevelli Electric Powertrain Solutions and Sitem Motori Elettrici in 2023 and the hydraulic equipment business of Nabtesco in 2026, which became Comtesco. | $50 | +18% | $1.4B | $1.7B | 1.7x | 10.2x | ||
| Tesmec is an Italian engineering group founded in 1951 that designs, manufactures and sells machines and systems for building, maintaining and managing infrastructure for the transport of electricity, data and materials. Its business lines include stringing equipment for power lines, railway catenary installation and diagnostic machines, trenchers and surface miners, and automation and smart grid solutions. The company is listed on Euronext STAR Milan and has operations in Italy, the United States, France and other markets. It reported revenue of EUR 239.5 million for 2024 and EBITDA of EUR 40.5 million for 2025. It entered the French market in 2015 by acquiring Marais Technologies and in 2020 bought the trencher rental company 4 Service. | $1 | +280% | $301M | $462M | 1.6x | 11.7x | ||
| EuroGroup Laminations is an Italian manufacturer of stators and rotors, the motor cores used in electric motors and generators, headquartered in Baranzate near Milan. It reports through two business units: EV and Automotive, which makes motor cores for electric vehicle traction motors and other automotive uses, and Industrial, which supplies laminations for home appliances, HVAC equipment, wind power, logistics and pumps. In 2022 the group had revenue of about 851 million euros, around 2,800 employees, seven plants in Italy and five abroad in Mexico, the United States, China and Tunisia. The company has been listed on Euronext Milan since February 2023, after Tikehau Capital took a 30 percent stake in 2020. Its 2025 revenue was 831 million euros with adjusted EBITDA of 89 million euros, and it reports an electric mobility order book of 2.6 billion euros for 2026 to 2032. Acquisitions include the Italian industrial automation business DS4 in 2023 and a 40 percent stake with control of the Indian stamping company Kumar Precision Stampings in 2024. | $1 | -77% | $154M | $517M | 0.6x | 6.0x | ||
| Biesse is an Italian manufacturer of machines, lines and components for processing wood, glass, stone, composites and advanced materials. Giancarlo Selci founded the company in Pesaro in 1969, and it has been listed on the Borsa Italiana since 2001, where it is part of the Euronext STAR Milan segment. Its customers are furniture, window and door, building component, nautical and aerospace producers. Biesse earns about 85% of its consolidated revenue outside Italy, sells in more than 160 countries and runs 14 production sites alongside a direct presence in its main markets. Roberto Selci is chairman and chief executive. The group employs about 4,400 people, reported revenue of EUR 742 million in 2021, and has widened its range through acquisitions such as Forvet in 2021, the GMM Group in 2023 and the software company Orchestra in 2026. | $5 | -30% | $123M | $170M | 0.2x | 7.7x | ||
| Ilpra is an Italian maker of packaging machines, based in Mortara in the province of Pavia and active since 1955. Its range covers tray sealing, thermoforming, filling and sealing, form fill seal and end of line equipment for food, cosmetics and medical products. The group has grown through a series of acquisitions of Italian machine makers, among them Veripack, Macs, Pentavac, IDM Automation, Migliorini and Gelmini. By June 2025 it counted over 20,000 machines sold, 371 employees and a presence in nine countries, with 64 percent of revenue generated abroad. The parent is listed on Euronext Growth Milan. In 2020 it reported revenue of EUR 32.4 million and an EBITDA margin of 19 percent. | $9 | +39% | $109M | $140M | 1.5x | 7.9x | ||
| Valtecne is an Italian manufacturer of high-precision mechanical components, based in Berbenno di Valtellina in the province of Sondrio. It was founded in 1983 by Vittorio Mainetti and is led by chief executive Paolo Mainetti. The company machines and finishes components by milling, turning, electrical discharge machining, broaching and assembly, and works in three shifts. Its medical devices division makes surgical instruments and implants for orthopaedic surgery, including hip, knee, shoulder, trauma and spine applications, and accounts for about 73 percent of sales. Its industrial division supplies parts for power reducers, energy and automotive customers. Valtecne listed on Euronext Growth Milan in 2023, bought 60 percent of the dental and orthopaedic contract manufacturer Utilita in 2025 and reported consolidated revenue of 35.7 million euros in 2025. The private equity firm G Square agreed in June 2026 to buy about 82 percent from the Mainetti family and to launch a tender offer aimed at delisting. | $13 | +59% | $81M | $81M | 2.4x | 11.1x | ||
| ErreDue is an Italian manufacturer of on-site gas generators, based in the province of Livorno and founded in 2000 by a group of experts in gas generation and engineering. It develops, designs and produces generators for hydrogen, nitrogen and oxygen, used in applications such as laser cutting, heat treatment of metals, welding, food, wine making, pharmaceuticals, jewellery and shipbuilding. The company has moved into the energy transition with modular electrolysers that can be combined into plants from 1 MW to 5 MW, and in November 2024 it signed an agreement for two 1 MW generators for a hydrogen farm project worth 3.4 million euros. It is listed on Euronext Growth Milan, where it placed shares with investors in December 2022. Revenue was about 19.4 million euros in 2025, up 21.8% on 15.9 million euros in 2024, with net profit of 3.3 million euros. About 40% of sales are made outside Italy. | $12 | +49% | $73M | $61M | 2.8x | 8.7x | ||
| SIT is an Italian industrial group based in Padua, founded in 1953 as SIT La Precisa by the brothers Pierluigi and Giancarlo de' Stefani. It has two business units, Heating and Ventilation, and Smart Metering, the latter covering smart gas meters and water meters. The group is listed on the Euronext Milan segment of the Italian Stock Exchange, and Federico de' Stefani is its chairman and chief executive. It directly employs more than 1,900 people and reported a turnover of EUR 319.1 million in 2025. Adjusted EBITDA for the first nine months of 2025 was EUR 32.5 million on revenues of EUR 238.0 million. SIT entered water metering by buying the Portuguese company Janz in 2020 and agreed in February 2026 to take full ownership of the Spanish distributor Conthidra. | $3 | -12% | $63M | $206M | 0.6x | 5.0x | ||
| Esautomotion is a Carpi-based maker of numerical control systems for machine tools, listed on Euronext Growth Milan. It develops and sells integrated CNC controls, brushless motors, drives, handheld terminals and measuring systems, supplied as turnkey packages with software written for each customer. The products serve metal bending and cutting, wood and marble working and general industrial machines, and about 49% of 2023 revenue was direct exports. The business began in 1962 as ESA GV and became Esautomotion in 2011 after a buyout by general manager Gianni Senzolo and consultant Franco Fontana. In 2023 it bought 65% of the motor maker Sangalli Servomotori, and it reported consolidated revenue of EUR 35.7 million that year. It has about 122 employees and a branch in Brazil. | $3 | -12% | $43M | $32M | 1.0x | 5.6x | ||
| Fidia is an Italian maker of milling machines, numerical controls and software for machining complex shapes. The company was founded in 1974, the year it began designing and manufacturing numerical controls for milling machines, and entered the milling machine market in the early 1990s. Its high speed milling range runs from the compact HS664 to the large GTF series gantry machines. It also makes bi-rotary milling heads for roughing and high speed finishing of steel, aluminium and lightweight materials, and five-axis machining accessories. Its controls are used for machining dies, aeronautical components and general engineering parts. Fidia is listed in Italy and is a different company from the pharmaceutical group Fidia Farmaceutici. | $0 | -94% | $21M | $24M | 0.7x | 8.1x | ||
| Marzocchi Pompe is an Italian manufacturer of external gear pumps and motors for hydraulic systems, founded in 1949 and based in Zola Predosa, near Bologna. Its products are sold in Italy, the Americas, the rest of Europe, Asia and Africa. It has subsidiaries in the United States, China and India, the last two through joint ventures, and it works with the Montirone foundry as a partner. Paolo Marzocchi became the majority shareholder in 2018 and the company was admitted to trading on AIM Italia in July 2019. Consolidated net sales were EUR 40.04 million in 2024, and first half 2026 sales reached EUR 18.7 million with EBITDA of EUR 2.26 million. | $2 | -14% | $15M | $30M | 0.7x | 12.1x | ||
| VNE is an Italian maker of automated cash handling and payment systems, based in Seravezza, in the province of Lucca. Nicolino Verona founded the business in 1977, and it built the first change machine in 2005, started industrial production in 2007 and moved to full-service rental of its machines in 2012. The company designs devices and software for banknote, coin and cashless payments and controls subsidiaries in Spain, VNE Espana, and in Colombia, VNE Colombia. Lorenzo Verona, who joined the family company in 2004, is chief executive. VNE became a joint-stock company and listed on Euronext Growth Milan in August 2023, raising EUR 3.1 million in the placement. It reported revenue of EUR 16.7 million and net profit of EUR 0.5 million in 2025, up from revenue of EUR 13.4 million in 2024, and has about 65 employees. | $4 | +28% | $12M | $18M | 0.9x | 5.8x | ||
| ELSA Solutions is an Italian industrial company based in Imola that designs and distributes motion control equipment and special purpose batteries. It was founded in 1982 by Enzo and Deanna Dal Pozzo. Its original business, now called E-Motion, supplies electric motors, inverters, soft starters, DC converters and tachogenerators for industrial automation. In 2009 it started a second business line, Aliant, which assembles and sells lithium and hydrogen batteries and energy storage and management systems, mainly for manufacturers in electric mobility, materials handling and renewable energy. The company listed on Euronext Growth Milan on 28 September 2023, raising EUR 4.2 million in the placement. It reported 2025 revenue of EUR 17.7 million and EBITDA of EUR 2.1 million. | $3 | +37% | $11M | $12M | 0.6x | 5.4x | ||
| Litix is an Italian technology and craft group based in Carrara, listed on Euronext Growth Milan since July 2024. It was formed in 2023 through the merger of Robotor and Torart and operates through the Torart, Robotor and Aivox brands, controlling 60% of Aivox. Robotor integrates multi-axis industrial robots for stone milling, and Torart is a sculpture workshop that produces commissioned works for artists, architects, museums and private clients using Robotor's anthropomorphic robots. The group aims to combine traditional techniques with robotics and 3D printing. It raised EUR 2.5 million at its listing. At the 2024 admission its main shareholders were Bianco S.r.l. and Bernini S.r.l., each holding 35.66% of the ordinary shares, and Algebris Investments Limited with 8.29%. First-half 2026 revenue was EUR 2.42 million, up 28% on the year, and EBITDA for the half was EUR 394 thousand. | $1 | -24% | $5M | $6M | ||||
| Median | $4 | +3% | $77M | $111M | 0.9x | 8.0x |
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