The Polish company Kotniz, a leading European company in the production of stainless steel and aluminium components for sailboats, yachts and megayacht, has acquired a majority stake in Metalstyle, a company based in Carasco (Genoa) and active in in the supply of stainless steel and aluminium solutions in the nautical sector ranging from certified watertight and fire doors to furnishing accessories, up to nautical components and stainless steels edge.

Kotniz announced that the operation is part of the project "Golden Marine Triangle" with which the company aims to create a first-tier European naval hub that will be able to count on a network of companies present in Poland, Portugal and Italy. Highlighting that with the acquisition of Metalstyle is a group with a total turnover of 33 million euros, 475 employees, five plants technologically advanced in Europe that extend over a area of over 17,500 square meters and a production volume which exceeds 200,000 products a year, Kotniz explained that The goal is to achieve total revenues of 50 million within five years, creating a stable platform for further future developments and a solid network of suppliers spread throughout capillary level. A plan in which Italy will take on a role through a programme of recruitment and investment in In the coming years, designed to strengthen the already existing in the country, relying on the Metalstyle present in Carasco and San Colombano, both in province of Genoa, where 25 employees are currently employed. To guarantee business continuity, the following will be maintained: the current management of Metalstyle directed by Luca Biagi, commercial & general manager.

"This deal - underlined Sebastian Nietupski, shareholder and CEO of Kotniz - will allow us to create a great nautical pole that we are sure will be able to play a role of leadership in a highly competitive and constantly evolving evolution. In this context, Italy has a central role because here are concentrated the main companies that produce yachts and luxury boats for customers from every corner of the globe. To be able to count on the ability and expertise of Metalstyle will allow us to create a solid and ready group to the inevitable challenges we will face in the future".

"The partnership with Kotniz - commented Luca Biagi - follows the path of consolidation that our company is carrying out for years. It is a win-win operation, because allows us to enter an international network of companies, while maintaining autonomy on the management front and, above all, offering new prospects for the growth of our plants in Italy as well as services and assistance to our customers".

In the acquisition of Metalstyle, Translink, with a team led by by the CEO of Translink Italy Matteo Paggi and the CEO of Translink Poland Maciej Cieslak, acted as advisor on behalf of Kotnitz.