Announced
Completed
Financials
Tags
fire safety equipment
Private
Single Bidder
Acquisition
Friendly
workplace safety
Italy
Security Equipment
Majority
Private Equity
Completed
Cross Border
Disposal
Synopsis
Private equity firm Argos Wityu completed the acquisition Sicura, an Italy- based provider of integrated products and solutions for fire safety, workplace safety, health, machine safety and control, from Rekeep, an integrated management services provider, for €54m. "We thank Rekeep for considering us as a key partner on an interesting, multi-sided and complex deal. The acquisition of Sicura encompasses all the requirements we seek in our transactions: highly motivated and competent management mingles with clear market leadership in a strategic strong growth project for internal lines and for acquisitions," Jean-Pierre Di Benedetto, Argos Managing Partner.
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