Announced
Completed
Financials
Tags
Private Equity
Acquisition
Majority
Germany
mechanical engineering services
Single Bidder
Cross Border
Friendly
Private
Completed
washing systems
Machinery: Industrial
Synopsis
Flacks Group, the Florida-based industrial holding company, completed the acquisition of Zippel, the Germany-based cleaning machines maker, from Sugino Machine, the Japan-based machinery manufacturer. Financial terms were not disclosed. "We welcome Zippel to our Group and look forward to supporting Zippel with the aim of future global growth," Michael Flacks, Flacks Group Chairman.
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