Tasso A/S acquires Bernareggi S.r.l.

16 February 2021
Tasso A/S acquires Bernareggi S.r.l.
Today, Tasso has entered into an agreement to acquire full ownership of Bernareggi S.r.l. The acquisition marks a major milestone and is fully in line with Tasso’s strategy to strengthen its core business and enhance customer value.

After 45 years in business, owner of Bernareggi S.r.l., Roberto Bernareggi, has decided to retire. As a natural consequence to this and based on the long-term cooperation between Tasso and Bernareggi, we hereby announce that as per 16 February 2021, Tasso has acquired full ownership of Bernareggi S.r.l.

The change of company ownership means that Bernareggi will be an integrated part of the Vald. Birn Group, a strong Danish foundry group with six factories including three specialized foundries in Denmark, two machining operations in Sweden and Germany and now also Bernareggi in Italy. A strong international organization with more than 700 people across Europe.

Our story continues
Bernareggi was established in 1976, while the Vald. Birn Group in 1998 became partner acquiring 1/3 of the company. Over the years Bernareggi has successfully grown to become a leading supplier of cast iron bars in the Italian market with a strong customer base in Southern Europe.

The ambition looking forward is to maintain and develop our strong position in the Italian market for continuous cast iron. Having a long common history of our two companies this is a natural movement to strengthen our bond, our brands, and our position in the market.

“This acquisition will bring together two talented teams with deep cast iron knowledge, competences and expertise. Bernareggi will benefit greatly from becoming partner of a company that has had cast iron at its core for more than 164 years, and Tasso as well will benefit from acquiring a company that for over 45 years has based its business on the supply of cast iron bars, acquiring a great knowledge of the market and confidence of customers. Our customers and indeed employees of Bernareggi can rest assured of a seamless transfer of ownership that will leave them in the safest of hands,” says Roberto Bernareggi.

Managing Director of Tasso A/S, Kristian B. Pedersen, will also assume the role of Managing Director of Bernareggi.

“Today, we take an important step in maintaining and developing our position in the Italian market for continuous cast iron. This acquisition will create synergies that will mutually strengthen the parties’ business foundation. I am very pleased with the development of both our business and partnership over the past years. We can all be proud of our achievements so far, and I am looking very much forward to start the next phase of our journey,” says Kristian Bundgaard Pedersen.

We are excited to welcome Bernareggi into the Vald. Birn and Tasso family.

Facts about Bernareggi S.r.l.
In 1976, Bernareggi started operating from a 100 square meters warehouse, supplying continuous cast-iron bars to customers in the surrounding area. Since then, the acquisition of an ever-increasing number of qualified customers had determined a balanced, steady growth engaged in a constant extension of storage space.

Since 2010, Bernareggi has expanded its own range of products by introducing continuous and non-continuous casting bronze, supplied in bars, cut and semi-finished in all its forms and qualities. Today, the warehouse occupies a covered area of 5.600 square meters (the total warehouse is about 11.000 square meters) with a stock of more than 2.000 tonnes and a wide range machine tools.

Learn more about Bernareggi here.