Metrika doubles down on Made in Italy and invests in Robor.

Second Investment by METRIKA Focuses on the Development of Robor, a World Leader in Machinery for Insulating Panel Production

Milan, April 28, 2021 – The private equity fund Metrika, led by partners Marco Giuseppini and Nicola Pietralunga, has completed its second investment by acquiring a majority stake in Robor, a company active in the design, production, and assembly of fully integrated, automatic machinery and plants for continuous production of insulating panels.

The Borsato family will retain a minority stake in Robor.

Founded by the Borsato family in 1970 in Quinto di Treviso, Robor S.r.l. today has over 150 integrated production lines installed across more than 50 countries on 5 continents, with exports averaging over 90% of production. The company’s engineering and technical expertise has enabled it to supply insulating panel production systems for multiple sectors, including logistics, cold chain, construction, naval, and aerospace.

Over the years, Robor S.r.l. has experienced significant revenue growth, with an order portfolio more than doubling over the past year to reach its highest level ever, reflecting the company’s resilience and geographic expansion. These results have been achieved through a strategic focus on engineering and 100% made-in-Italy production of fully custom-made integrated lines for the continuous production of sandwich panels in polyurethane foam, mineral wool, and polystyrene.

Under the agreement, Simone Borsato remains a minority shareholder and, together with Metrika, will serve as CEO with the objective of:

• Further consolidating the company’s international development, opening operational subsidiaries in China, Russia, and North America;
• Strengthening the management team;
• Expanding the production and organizational structure;
• Enhancing after-sales services;
• Broadening technical solutions to access new market segments and end markets.

Simone Borsato stated:
"I am proud to announce and welcome Metrika’s entry into Robor. Their selection was based on real industrial expertise and a highly operational approach in supporting the company by their Investment Team; these factors allowed Metrika to be chosen as our partner and immediately understand the main requirements of the new development plan. This operation will allow the company to accelerate strategic projects, strengthen its international vocation, and safeguard the excellence of our country’s manufacturing supply chain."

Nicola Pietralunga, Managing Partner of Metrika, commented:
"The acquisition of Robor perfectly fits the Fund’s allocation strategy, aimed at creating value through investment in Italian industrial companies, leaders in their market niche and recognized internationally. Robor is one of the most recognized global players, distinguished by its high technical know-how and operational flexibility, allowing it to compete globally even with larger companies."

Marco Giuseppini, founder and CEO of Metrika, added:
"We are extremely satisfied with this second transaction. With Robor, we continue building a highly resilient and solid portfolio. Metrika has demonstrated and continues to demonstrate the ability to identify companies with a strong technical and productive background, where the Fund’s and the Team’s industrial DNA proves successful."

Advisors:

• Metrika was assisted by Piergiorgio Mancone and Luca Gobbi of LegisLab (legal), Alberto Russo, Alessandro Manias, and Alessia Boddi of Russo De Rosa Associati (tax and structuring), Andrea Longoni, Alessandro Arienti, and Agnese Camertoni of KPMG (accounting), Milena Brambilla and Jacopo Gerbi of Tauw (environmental and ESG), and Andrea Monticelli of Marsh (insurance).
• Robor shareholders were assisted by EY (Gianni Panconi, Roberto Liguori, Marta Romagnoli – M&A sell-side), Luciana Sist and Alice Preo (accounting), Savino Tatò and Gianluca Dibenedetto (tax), and Andrea Zarbo of Zarbo-Costantino Law Firm (legal).

Financing: The transaction was financed by Credit Agricole Friuladria, acting as agent bank, represented by Gianluca Pagano, Paolo Catarozzo, and Paolo Marcoli, and by Intesa Sanpaolo, represented by Laura Airoldi and Luca Monis. The banks were assisted by Marco Leonardi, Valentina Lattanzi, and Lorenzo Vernetti of Gattai Minoli Agostinelli & Partners Law Firm.

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