Announced
Financials
Tags
Spain
Majority
Friendly
Production Technology Equipment
Acquisition
fresh fruit machines
Pending
Private Equity
Private
Single Bidder
Synopsis
Meridia agreed to acquire Zummo, a global incumbent in the design, manufacture and commercialization of automatic fresh fruit juice extraction machines, so as to jointly enhance the company’s future growth. Financial terms were not disclosed. “We are thrilled to welcome Meridia Private Equity as our strategic partner in order to write our next chapter together. I am convinced that this partnership, together with the construction of Zummo’s brand-new manufacturing premises, represents a great opportunity to take the company to the next level in terms of growth and profitability,” Rafael Olmos, Zummo Founder and CEO.
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