Announced
Completed
Financials
Sources
Tags
Private
agricultural machinery
Majority
France
Completed
Acquisition
Friendly
transmission products
Machinery: Agricultural
Domestic
Single Bidder
Private Equity
Synopsis
CAPZA-backed ITAL Express, a distributor of auto parts, completed the acquisition of Anjou Diffusion, a distributor of transmission parts for agricultural machinery. Financial terms were not disclosed. “We are delighted to welcome the Anjou Diffusion teams. We have known the company for many years and it has a corporate culture similar to ours. We are also convinced that the synergies resulting from this merger will contribute significantly to the group's growth by strengthening our positions in the agricultural segment," Patrice Claverie, ITAL Express President.
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