Announced

Completed

Giro Group completed the acquisition of a majority stake Serfruit.

Synopsis

Giro Group, a firm specialized in the fruit and vegetable packaging sector, completed the acquisition of a majority stake Serfruit, a solutions provider for the mechanization, automation and robotization of industrial equipment. Financial terms were not disclosed. "Giro' Group has acquired the majority of shares in the company Serfruit and also in the company Sersuport, of which the latter offers technical service to the group. Thanks to this union, Giro' has added the ability to automate the packaging systems from sorting to palletizing, so that it can also be a supplier in other sectors, such as packaging," Franco Locati, Girò Italia Sales Manager.

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