VARVEL GROUP BECOMES STRONGER WITH THE ENTRY OF A MAJORITY SHAREHOLDER: THE ILLIMITY CREDIT & CORPORATE TURNAROUND FUND
The “illimity Credit & Corporate Turnaround Fund”, managed by illimity SGR S.p.A., has acquired a 54% stake in Varvel S.p.A.
The News area brings you the latest information on Varvel initiatives and on developments in our range of gearboxes.
A POSITIVE 2022 DESPITE THE COMMODITY AND ENERGY CRISES. DIGITIZATION, INNOVATION AND HUMAN RESOURCES ARE KEY TO STAYING AT THE TOP
The Varvel Group faced the difficulties and market instability with a constructive approach. Everyone’s hard work and commitment paid off as outstanding results have been achieved.
A RECORD FIRST HALF DESPITE GLOBAL CRISES. NEW INVESTMENTS IN TECHNOLOGY, PERSONNEL AND ORGANIZATION TO CARRY VARVEL INTO THE FUTURE.
The first half of 2022 was the best ever for Varvel, with turnover up +17.6% compared to 2021.
MORE EFFICIENT AND RELIABLE GEARBOXES WITH NANO-TECHNOLOGY: VARVEL JOINS THE EUROPEAN NEWSKIN PROJECT TO ACCELERATE INNOVATION
Varvel Group joins the Newskin project, funded by the European Union.
VARVEL GROWTH RESUMES IN 2021. INVESTMENTS IN DIGITIZATION AND EFFICIENT STOCK REPLENISHMENT PLANNING DRIVE THE RECOVERY
The first half of the year ended well for Varvel with +46% orders over the first half of 2020 and +15% over the same period of 2019.
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