Poggipolini back in control: buyback from Cherry Bay Capital Group completed
#Francesco Ludergnani
Poggipolini S.p.A., a global leader in the design and production of critical fastening systems and precision components made of titanium and special alloys for the aerospace, defense, automotive, and motorsport sectors, has completed the buyback of its own shares, thus regaining full control of the company following the participation of Cherry Bay Capital Group.
In less than five years, the partnership with Cherry Bay Capital Group has enabled Poggipolini to evolve from a niche motorsport-focused mech company into a leading international tech company in the aerospace and automotive sectors.
The increase in overall revenues — from €14 million and approximately €3 million in EBITDA in 2019 to over €57 million in revenues and €17 million in expected EBITDA in 2025 — has translated into a significant creation of value for shareholders.
Poggipolini was assisted by BLF Studio Legale with a team led by partners Giuseppe Forni, Giovanni Ludergnani, supported by senior associates Francesco Ludergnani e Davide Placido Geraci and associate Gaetano Ruvolo.

