Announced
Financials
Tags
Private
energy saving products
Acquisition
Conventional Electricity
Pending
Italy
Natural
Single Bidder
Private Equity
Synopsis
Blackstone agreed to invest in De Nora, the leading global designer, manufacturer and supplier of electrode and water technology. Financial terms were not disclosed. “Blackstone is excited to partner with the De Nora family and the existing management team to accelerate the Company’s growth prospects. Providing capital to a company with longstanding family history and management continuity is a hallmark of Blackstone’s investments in Italy and beyond, and we look forward to working with De Nora to build on its continued success.” Andrea Valeri, Blackstone Tactical Opportunities Senior Managing Director.
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