Announced
Financials
Sources
Tags
Pending
Acquisition
Friendly
Electrical Components
Private Equity
Italy
electrical services
Private
Majority
Single Bidder
Synopsis
Private equity firm Oaktree Capital acquired a majority stake in Cebat, a company active in the installation and maintenance of high voltage underground cables and electricity and water distribution networks. The Montanari management and family, a statement said, will continue to be involved in the business and will work alongside Oaktree in developing the company in Italy and abroad. Financial terms were not disclosed.
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