Pedrollo completed the acquisition of a 70% stake in Superior Pump for $61m.

Pedrollo, an electric water pump producer, completed the acquisition of a 70% stake in Superior Pump, a manufacturer of pumps and compressors, for $61m. "This transaction will allow us to seize significant growth opportunities in the North American market and, at the same time, create synergies in every operational area. I was impressed by the ability of Translink to originate this opportunity for us so close to the profile we were seeking in such a competitive market. This was our first acquisition outside of Italy. Nevertheless, Translink was able to make this complex and new experience, both in terms of norms and culture, seem familiar and manageable for us. I highly recommend Translink for companies wishing to expand abroad and especially for those interested in the United States,” Giulio Pedrollo, Pedrollo CEO.