Finmasi Group

What Finmasi Group does

Finmasi Group (Finmasi S.p.A.) is a privately held Italian industrial and services conglomerate founded by Marcello Masi in 1961, headquartered in Modena, Italy. The group operates seven wholly-owned subsidiaries organized across four sectors: steel processing (Metalsider S.p.A. in Ravenna and Sidermed S.p.A., collectively producing 270,000 tonnes of carbon steel flat products annually), printed circuit board manufacturing (Cistelaier in Italy, Techci Rhône-Alpes in France, and EPN Electroprint GmbH in Germany, offering 100 PCB base material types), hospitality (Executive Spa Hotel in Fiorano Modenese), and road transport and shipping (Sanvitale). The group employs 478 people across Italy, France, and Germany.

The company generates revenue through direct B2B sales of manufactured industrial goods (steel flat products, PCBs) and service delivery (hospitality accommodations, transport/logistics), with bespoke commercial arrangements rather than disclosed public pricing. Each subsidiary maintains its own enterprise sales relationships in its respective market, and the group's go-to-market is structured around direct field sales to industrial and commercial customers across European markets.

Finmasi operates as a holding company with a long-term founder-ownership model and no disclosed external institutional investors or public shareholders. Its stated competitive position rests on capital-intensive manufacturing infrastructure, six decades of industrial heritage, and a diversified multi-vertical portfolio that spans cyclical industrial segments (steel, PCB) alongside more stable service businesses (hospitality, transport). The group participates in the Fondazione Casa Natale Enzo Ferrari, aligning it with Modena's automotive and industrial heritage ecosystem.

Name

Finmasi Group

Legal name

Finmasi S.p.A.

Website

https://finmasigroup.com

Company type

Private

Founded year

1961

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Finmasi Group is a privately held Italian industrial conglomerate founded in 1961, operating seven subsidiaries across steel processing, PCB manufacturing, hospitality, and transport, serving enterprise customers in Italy, France, and Germany.

Ownership category

akta.pro rank

Product category

Diversified Industrial Manufacturing

NAICS

Bare Printed Circuit Board Manufacturing (334412)

SIC

Printed Circuit Boards (3672), Wholesale-Metals Service Centers & Offices (5051)

akta.pro primary industry

PCB Assembly (PCBA/EMS) (HDAHAOAI)

Keywords

• Steel processing
• PCB manufacturing
• Industrial conglomerate
• Transport logistics
• Hospitality services

Headquarters

HQ city

Modena

HQ country

Italy

HQ region

Europe

Offices7 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Operations, Supply Chain, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Industrial Manufacturing and Services: Finmasi Group generates revenue through multiple industrial and service subsidiaries operating in steel manufacturing, PCB production, hospitality services, and transport/logistics. Revenue is derived from manufacturing operations, service delivery, and related commercial activities across B2B markets.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels2 records

Core offering

Finmasi Group S.p.A. is an Italian privately held industrial conglomerate founded in 1961 by Marcello Masi, headquartered in Modena, Italy, with operations across steel processing, printed circuit board (PCB) manufacturing, hospitality, and transport/logistics. The group operates seven subsidiaries — Metalsider and Sidermed in steel processing (~270,000 tonnes annual production), Cistelaier (Italy), Techci Rhône-Alpes (France) and EPN Electroprint (Germany) in PCB manufacturing with 100 base material types, Executive Spa Hotel in hospitality, and Sanvitale in transport — employing approximately 478 people across Italy, France, and Germany.

Product overview

Finmasi Group is a diversified industrial and services conglomerate operating across four main sectors: steel/ironworks (Metalsider S.p.A. and Sidermed S.p.A.), electronics/PCB manufacturing (Cistelaier in Italy, Techci Rhône-Alpes in France, and EPN Electroprint GmbH in Germany), hospitality (Executive Spa Hotel), and transport/logistics (Sanvitale). The group was founded in 1961 by Marcello Masi and has expanded internationally to France and Germany. The portfolio includes seven subsidiary companies under the parent company Finmasi S.p.A., with operations spanning industrial manufacturing, electronics production, hospitality services, and logistics.

Differentiator

Problem solved

Functional benefit

Brands

• Metalsider: Steel processing company specializing in carbon steel flat products
• Sidermed
• Cistelaier
• Techci Rhône-Alpes
• EPN Electroprint
• Executive Spa Hotel
• Sanvitale

Products and services

• Metalsider
• Sidermed
• Cistelaier
• Techci Rhône-Alpes
• EPN Electroprint
• Executive Spa Hotel
• Sanvitale

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Fondazione Casa Natale Enzo FerrariminorOthersFinmasi Group is a member/adherent of the Fondazione Casa Natale Enzo Ferrari (Ferrari Birthplace Foundation), an organization dedicated to preserving and promoting the automotive heritage of Modena. The foundation is supported by founding members including the Municipality and Province of Modena, Chamber of Commerce, ACI, Ferrari S.p.A., and Fondazione Cassa di Risparmio di Modena.

Scale indicators5 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• Cisel: Italian PCB manufacturer with similar profile to Cistelaier. Competes in the Italian PCB market serving similar industrial electronics customers.
• AT&S: Austrian-headquartered global PCB manufacturer serving automotive, industrial, and consumer electronics. Direct peer to Finmasi's PCB division (Cistelaier, Techci, EPN) with similar European manufacturing footprint and customer base.
• Arvedi Group: Italian steel producer and processor with integrated flat steel operations. Direct peer to Metalsider and Sidermed, competing in carbon steel flat products serving similar Italian industrial customers.
• NCAB Group: Swedish PCB sourcing company with European manufacturing partner network. Competes with Finmasi's PCB division for European customer relationships across industrial and automotive segments.
• Würth Elektronik: German PCB manufacturer and electronic components distributor. Direct peer to EPN Electroprint GmbH, competing in the German PCB market with similar customer segments in industrial and automotive electronics.
• Marcegaglia: Italy's largest private steel group and leading European steel service center/processor of carbon steel flat products. Direct peer to Metalsider and Sidermed, competing in the same Italian steel processing market.
• Schweizer Electronic: German PCB manufacturer specializing in high-tech and embedded solutions. Direct peer to Finmasi's PCB subsidiaries, competing in European PCB markets with overlap in automotive and industrial customers.

Regional players

• Elvia PCB: French PCB manufacturer comparable to Techci Rhône-Alpes. Operates in the same French PCB market with similar customer profiles in industrial and aerospace electronics.

Broad incumbents

• Industrie De Nora: Italian-listed diversified industrial group with electrochemical and electrode businesses. Comparable as a diversified Italian industrial conglomerate with multi-business portfolio and international operations.
• Feralpi Group: European steel manufacturer and processor with significant Italian operations. Comparable to Finmasi's steel business in serving European industrial customers with carbon steel products.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/finmasi-group-s-p-a

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Finmasi Group