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CDP Group: SIMEST backs Vicenza-based Fami in the storage systems sector in Argentina

SIMEST acquired a minority share in the South American subsidiary thanks to a 1-million-euro investment to support the Group's development plan in Latin America

CDP Group: SIMEST backs Vicenza-based Fami in the storage systems sector in Argentina
28 December 2017

SIMEST, the company that with SACE forms the export and internationalisation hub of the CDP Group, backs the Fami Group – based in Rosà (Vicenza), a leader in the manufacturing and sale of industrial storage solutions and furnishings – in Latin America. SIMEST acquired a minority share of the South American subsidiary, an investment worth 1 million euros.

Founded in 1929, it started as a family-run mechanical engineering workshop; over the years the Fami Group specialised in designing and manufacturing industrial furnishings and, especially, storage systems. Today it has production plants in Poland, China, Argentina and offices in Germany, Switzerland and Austria, as well as a significant number of authorised dealers in Europe, South East Asia, the Middle East and Latin America. It exports 34% of its total production. In 2016, Fami became part of Borsa Italiana's Elite Project.

 

Contact details for the media:

Tel: +39 06 68635.777

ufficio.stampa@simest.it

Twitter: @SIMEST_IT

 

SIMEST is part of the CDP Group, 76% controlled by SACE and invested in by leading Italian banks and business associations. SIMEST and SACE form the export and internationalization hub of the CDP Group, which offers all the financial instruments to support Italian companies interested in competing and expanding internationally. In particular, SIMEST supports companies throughout their entire international development process, providing soft loans for internationalisation, export credit support and equity investments.

Stampa