Announced
Completed
Financials
Sources
Tags
Machinery: Industrial
Completed
Private
Italy
Private Equity
Acquisition
Domestic
Single Bidder
Friendly
steel components
Majority
Synopsis
Wise Equity, a private equity firm, completed the acquisition of a 50% stake in Special Flanges, a manufacturer of forged steel components. Financial terms were not disclosed. "Wise Equity is the ideal partner to support us and support our entrepreneurial project, maintaining the utmost respect for our traditions and transmitting that component of enthusiasm that is essential to achieve an efficient and harmonious degree of growth," Augusto Zucchinali, Special Flanges President.
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