Country: Italy
Region: Lombardia
Investors: Ardian, Consilium
Rollon was a successful maker of high-quality parts for the industrial and rail industries when Ardian and Consilium invested in the company in 2010. Rollon’s rails and guides were used across Europe to ensure the smooth running of industrial machines’ components and train doors, but the group had yet to consolidate its positioning in actuators (a complementary product) and to further integrate its foreign subsidiaries.
Over three years, the private equity firms helped strengthen Rollon’s US position, supported it in entering a new end market (aerospace) and in winning new clients, and helped acquire a business with a good strategic positioning in Italy. During this time, Rollon also expanded to generate more than 80% of its revenues outside of Italy. The company went on to deliver further success when sold to Chequers Capital and IGI in 2013, more than doubling employee numbers over the next five years and growing further internationally.
Eraldo Bianchessi
Rollon’s growth depends on expanding its product offering and bolstering its sales network so that it can build up positions in complementary markets like aerospace. Thanks to their network and mastery of industrial growth, Ardian’s team has supported us in implementing this strategy.
Support in acquiring complementary businesses
Introductions to potential new clients, especially in France
Acquired complementary businesses to increase Rollon’s product range
Supported new client wins, including new blue-chip clients in the train and aerospace sectors
Increased market share in the important US market
Supported the improvement of the international sales network
Established an employee share scheme to allow staff to participate in the company’s success
Increased turnover from €30m in 2009 to €55m in 2012
Grew US sales from €3m to €7m
Increased employee numbers from 200 to 280
Paid a €2,000 bonus to each Rollon employee when Ardian sold the company
Positioned Rollon for future expansion into Far East markets