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Epistolio

Saimo Electric acquires minority stake in Epistolio

Saimo Electric acquires minority stake in Epistolio

Saimo Electric, based in Jiangsu, is a leading industrial automation company listed on the Shenzhen Stock Exchange.

Epistolio, founded in 2000 in Varese, is an established company in robotics and industrial automation.

Needs

  • Complement the historic commercial and distribution activity in Italy with a highly structured and efficient production capability.
  • Increase trade between China and Italy.
  • The distinctiveness of the Lombardy manufacturing sector and its highly qualified workforce make the company attractive for foreign investment and international collaborations.

Solution

The acquisition of a minority stake in Epistolio by Saimo Electric addressed the needs of both companies.

Results Achieved

  • Technological advancement for Saimo Electric thanks to Epistolio’s technology and expertise.
  • Epistolio opens up new commercial opportunities in the Chinese market, expanding its international business development.

Technological advancement and business internationalisation are the results of a journey that continues to thrive.

Alessia Pastori
International Law Firm Gianni, Origoni, Grippo, Cappelli & Partners (Gop