Announced
Completed
Financials
Sources
Tags
Italy
Majority
Machinery: Industrial
Friendly
Completed
Domestic
Single Bidder
Acquisition
Private
equipment and machinery
Private Equity
Synopsis
Aksia Group, an independent private equity firm, completed the $35m acquisition of a 65% stake in VOMM Impianti e Processi, a producer of industrial plants for continuous processes for environmental, pharma-chemical, and agri-food applications. Corrado Vezzani, the founder's son, will retain a minority stake. "We have found in Aksìa Group not only a qualified financial investor but also an industrial partner which shares our values and will support our growth plan. My family and I will continue to be engaged in the business to allow VOMM to achieve its goals," Corrado Vezzani, VOMM founder's son.
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