Lazzari joins Castellini

Within the context of Italy’s historically excellent but often fragmented manufacturing landscape, the need to overcome the limitations of small size and competitive isolation is becoming increasingly evident. To respond to global dynamics that demand ever-greater competitiveness in an increasingly demanding market, the ability to activate synergies, share expertise, and integrate different experiences is essential to strengthen companies’ long-term resilience and sustainability. In this increasingly unstable global scenario, the industrial sector is called to rethink its growth, collaboration, and competitiveness strategies. Castellini S.p.A. Società Benefit has chosen to face this challenge with a clear strategic vision: to grow—both in size and in market offering—by building a solid, cohesive, and forward-looking industrial group.

In this perspective, the Castellini Group is progressively expanding its industrial structure, a path initiated with the acquisition of LLS Titanium S.r.l. and Carbon-Ti S.r.l. The goal is to bring together companies that share similar values, technical specialization, and business culture, in order to offer an increasingly comprehensive portfolio of solutions and services. Today, Castellini operates in three main areas: innovation, through the development and construction of laser-based processing systems; manufacturing, with technical expertise, precision, and high-quality output in complex mechanical equipment and assemblies; and hi-tech, with the production of titanium and carbon fiber components for high-performance sectors.

Confirming its intention to pursue industrial growth, Castellini S.p.A. Società Benefit announces the acquisition of Lazzari Officine Meccaniche Impianti Industriali S.p.A., a historic company based in Ponte San Pietro (BG), specialized in the design and production of industrial saws and machinery for the steel sector, particularly for tube production. This operation is part of the Group’s transformation and development strategy aimed at strengthening Castellini’s industrial positioning in the supply of complex mechanical assemblies, machines, and services for the steel industry. Thanks to this acquisition, Castellini will broaden its technological and commercial offering to include the tube production segment in which Lazzari operates, creating synergy with Castellini’s historical expertise in the flat-rolled products sector.
“Lazzari is an excellent company, with a history similar to Castellini’s. We share values, a business culture, and a focus on people. It’s a company with over 70 years of history and internationally recognized know-how. Over the past year, we’ve had the opportunity to work closely with the Zanardi family, whom I sincerely thank for their trust and openness, as we laid the foundation for this new partnership. By joining forces, we aim to continue the value built over the years and to create new synergies that can generate growth and innovation opportunities,” stated Fiorenzo Castellini, CEO of Castellini. He also extended his thanks to Winnerge, led by Marco Belloni, and the law firm Nassini & Associati for their advisory and support throughout the preliminary and due diligence phases of the acquisition.

Founded in 1951, Lazzari S.p.A. has developed deep expertise in building tailor-made systems, as well as a proprietary range of industrial machines for cutting tubes, forgings, and rails, and machines for tube finishing and inspection. The new organizational setup will maintain full operational autonomy for the company based in Ponte San Pietro, with a focus on enhancing its existing technical skills and human resources.

The integration of Castellini and Lazzari will lead to an expanded product offering, enabling enhanced after-sales services and greater customer support. This will be made possible through industrial and commercial synergies aimed at streamlining production processes and strengthening the Group’s presence in international markets. The systematic sharing of experience and know-how between the two companies will foster greater innovation capacity, supported by an R&D investment plan.

Over its 75 years of activity, Castellini has consistently pursued growth, driven by a strong industrial vision, innovation capabilities, and a commitment to quality. In recent years, this trajectory has further strengthened, with a +14.9% CAGR over the past three years. In 2024, Castellini S.p.A. recorded a turnover of €35.96 million and an EBITDA of €4.6 million, while the Group’s consolidated turnover—including the 2024 acquisitions of LLS Titanium and Carbon-Ti—reached €41.68 million, with an EBITDA of €6.5 million.

This acquisition marks an important milestone in Castellini’s transformation into a structured and dynamic industrial group, capable of combining manufacturing tradition with long-term strategic vision. The Group is composed of companies deeply rooted in Lombardy’s industrial fabric, yet open to global markets. Lazzari’s integration will also involve a gradual alignment with the organizational, managerial, and production best practices already adopted at Castellini, with particular attention to the environmental, social, and governance (ESG) principles that guide the parent company’s responsible growth and transformation journey.