EMZ Partner to acquire a majority stake in Pipersberg.

EMZ Partner, a private equity firm, agreed to acquire a majority stake in Pipersberg, a gas and water meters specialists company. Financial terms are not disclosed. "The recent developments, driven by Mr. Fischer and the broader management team have been nothing short of amazing. Pipersberg now is in a unique position as leading “one-stop-shop” in the German gas and water periphery and developed a concept that allows for continuing profitable growth. We are thrilled to join forces and are convinced that together, we will reach the next level and phase of the company," Klaus Maurer, EMZ Managing Partner.