FIMO Group, global leader in the production and distribution of fixing devices and camouflage solutions for the telecom sector, controlled by the investment fund IGI Investimenti Cinque of IGI Private Equity since 2015, has acquired DCE S.r.l., a company based in Pomezia, active in the design and production of harnesses and interconnections systems for mobile and fixed telecom infrastructure. The development of telecom infrastructure, for mobile networks with the consolidation of 4G and the arrival of 5G, and cable networks, with the rollout of the European Ultra Broad Band project, has created high demand for such systems, often tailor-made. FIMO Group thus adds an additional product line, on top of components and camoflage solutions, to strengthen its position in the telecom arena and reinforce its growth strategy.
Luca Tamberi, CEO of FIMO, commented: “We have acquired DCE to boost our growth process by expanding our portfolio. The competence of Mariano Sestili, CEO of DCE, and his team, will be one of the pillars of our future growth strategy. This acquisition allows FIMO to increase specific competences to expand our offer, helping the group to reinforce its position as one of the key players in the telecom sector”.
FIMO Group was assisted by K Finance as financial advisors and by NCTM for legal aspects.