The U.S. group Taylor Group has acquired 85% of the capital of CVS Ferrari, a company based in Roveleto di Cadeo (Piacenza) Founded in 1973 that manufactures container handling equipment. A 58% stake in the share capital was sold by the investment company NEIP III Sicaf, whose advisor is the Italian private equity firm Itago, and the remaining 27% of the share capital was sold by the Italian BP (formerly Battioni and Pagani). The two Italian companies had bought the entire capital of CVS Ferrari at the end of 2016 by the American Manitex International, obtaining shares of 60% and 40% of the capital. Following the sale to Taylor Group, NEIP III will exit by the capital of CVS Ferrari, while BP, a company of the Pagani family, will retain ownership of 10% of the capital of CVS, the remaining 5% of which is owned by Davide Bertozzi, sales and marketing director of the Roveleto di Cadeo.

Currently, CVS Ferrari has two factories in Roveleto of Cadeo and Sorbolo (Parma). The company employs 120 and has an annual production capacity of about 200 wherewithal. With the passage under the control of the American group, the CVS's new board of directors will include Robert Taylor, president and chief operating officer of Taylor Group, who will serve as president of CVS, Davis Taylor, director of Sudden Service of the Taylor Group, and Hal Nowell, Taylor's sales director. Davide Bertozzi will join be a member of the board of CVS while the current director Federico Zanotti will serve as Chief Executive Officer.

Commenting on the change in the corporate structure, Zanotti highlighted that "CVS has found a new home with a industrial investor who can provide stability to and adequate resources to foster further development of the company. In combination with Taylor Group, CVS enhance its support capabilities after-sales service, will expand its product offering and will further increase production volumes in the Cadeo and Sorbolo plants. The current management will remain in office to signal continuity and commitment to the future of the company'.