Announced
Completed
Financials
Sources
Tags
Machinery: Specialty
automation systems
Private
Single Bidder
Majority
Friendly
Acquisition
Completed
France
Private Equity
Synopsis
Cerea Partners, an independent fund management company, completed the acquisition of a majority stake in Pages Group, a provider of high-performance automation systems, from InnovaFonds, an independent private equity firm. Financial terms were not disclosed. Pages Group now embarks on a new development phase, centred on three priorities: reinforcement on the food processing and medical segments, development of the robotic offering and further expansion in international markets.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.