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EY India acted as the exclusive financial advisor to Fontana Gruppo
EY successfully advised Fontana Gruppo on its acquisition of a controlling stake in Right Tight Fasteners Pvt. Ltd., a leading player in the Indian fasteners market - a marquee transaction in the automotive fasteners space for EY.
Fontana Gruppo - A global leader in high-quality fastening solutions. The group operates in 32 locations across Europe, the Americas, and India, with 21 production plants, over 5,000 employees, and annual revenues of 1 billion Euros. It maintains a strong focus on research and development, evidenced by its three research centres worldwide and over 200 patents.
Right Tight Fasteners Pvt. Ltd. - A leading player in the Indian fasteners ecosystem, specializing in the production of high-strength special bolts, including special nuts and bolts with a major focus on the automotive sector with five strategically located production plants.
This transaction reflects the growing interest from global strategic investors in the Indian automotive sector. Moreover, it reinforces Fontana Gruppo’s broader strategy to strengthen its presence in Asia and enhance the value-added services provided to customers as part of its global footprint strategy. With six manufacturing facilities and a workforce of over 2,000 in India, Fontana Gruppo has become the second-largest producer of specialized fasteners in India.