K Finance has advised Axa in the sell of Duplomatic Automazione to the PE Fund Cape Natixis Due.

Duplomatic Automazione, a company of Gruppo Idroma, bought by Axa Private equity at the beginning of 2008, offers a complete range of tool holder turrets and accessories and represents one of the most specialised players in the industry. Sales 2008 are expected to be in the range of Euro 21 million with an Ebitda around Euro 3,7 million.

Axa Private Equity Fund has sold Duplomatic Automazione to Cape Natixis Due Private Equity Fund for an Enterprise Value of Euro 14 million.