Antonio Carraro

Antonio Carraro

An Italian company, located in Campodarsego in the province of Padua, which produces compact 4-wheel drive tractors from 20 to 110 hp for specialized agriculture and the civil sector.

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DateInvestorsAmountRound
*

€10.0m

Debt
Total Funding000k

Financials

Estimates*

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Revenues, earnings & profits over time
EUR20202021202220232024
Revenues00000000000000000000
% growth-20 %14 %15 %(12 %)
EBITDA00000000000000000000
Profit00000000000000000000
% profit margin2 %4 %2 %1 %(2 %)
EV00000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x
R&D budget00000000000000000000

Source: Company filings or news article

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The Antonio Carraro story begins in 1910 when Giovanni Carraro, a young blacksmith, built his first multipurpose agricultural machine in a small workshop. This endeavor grew into a significant industrial plant. A pivotal moment came in 1960 when Antonio Carraro, Giovanni's youngest son, founded Antonio Carraro S.p.A., deciding to specialize in compact, four-wheel-drive tractors for niche agricultural markets. This focus on specialized tractors for vineyards and orchards proved to be a successful strategy. A significant shift in the company's structure occurred more recently. In 2023, it was announced that the Maschio/Polo Group, which already held a 50% stake, would acquire the remaining shares of Antonio Carraro S.p.A. This move was part of a long-term investment program to fuel corporate growth, expand production, and enter new markets. Prior to this full acquisition, the partial investment by the Maschio/Polo Group was seen as a strategic partnership to strengthen the company's international presence and prepare for a potential future stock market flotation. Marcello Carraro, a member of the founding family, remained involved in an institutional role after the acquisition.

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