Posted to News on 26th May 2026, 09:00
Essentra acquires Boteco
Essentra announces the agreement to acquire Boteco, an Italian, family-owned, expert designer and manufacturer of mechanical components for an initial cash consideration of 7.4m.
Based in Vicenza, Boteco is a high-quality business, with over 50 years of operational history supplying over 900 active customers worldwide. The company designs and manufactures a broad range of machine components, including handles, plastic and metal knobs, feet and hinges which complement Essentra's existing product expertise and provide a strong adjacency to its machine and automation end-markets.
Essentra has extensive knowledge of Boteco, through a successful trading relationship that has spanned a number of years. Boteco's commitment to investment, including a modern facility with manufacturing and in-house tooling capability, has given it a strong market position. This is further enhanced by Boteco's R&D capabilities focusing on the use of more sustainable materials, which it has incorporated into its current range.
The acquisition is fully aligned with the Group's disciplined approach to inorganic growth, both in terms of strategic alignment and delivering financial returns. The acquisition is anticipated to enhance product expertise and will further extend Essentra's manufacturing footprint in Europe. In line with the Group's acquisition criteria, Boteco is expected to deliver attractive revenue synergies through cross-selling opportunities across Essentra's global footprint.
Scott Fawcett, CEO of Essentra, said: "I am pleased to welcome Boteco, another high-quality business that complements and strengthens Essentra's differentiated business model. With strong manufacturing capability and a clear adjacency to our existing product expertise, Boteco allows us to further enhance our strength in machine and automation end-markets.
"This acquisition builds on the momentum of our Device Technologies acquisition announced in December 2025 and further demonstrates Essentra's growth strategy, combining organic investment with disciplined, value-accretive M&A. With a strong acquisition pipeline and a robust balance sheet, we are well positioned to continue to create long-term value for shareholders."
