BC Partners, a private equity firm, completed the acquisition of IMA Industria Macchine Automatiche, a machine manufacturer for the food and pharmaceutical firm, from SOFIMA Societa Finanziaria Macchine Automatiche, a manufacturer of industrial machinery, for $3.4bn. Blackstone Group co-invested alongside BC Partners. "We are thrilled to welcome IMA to the BC Partners portfolio and look forward to working with the Vacchi family and IMA’s management team to support its next stage of growth through strategic investments, adoption of new technologies and maximising opportunities for organic growth," Stefano Ferraresi, BC Partner.