Announced
Completed
Financials
Tags
Majority
Domestic
Private Equity
remote-controlled robotic machines
Friendly
Italy
Private
Single Bidder
Machinery: Construction
self-propelled machines
Acquisition
Completed
Synopsis
21 Invest, a private equity firm that offers funds and portfolio management services, completed the acquisition of Energreen, a producer of self-propelled and remote-controlled robotic machines for green maintenance. Financial terms were not disclosed. "Energreen is an Italian company that already boasts a leadership position at the international level. The ability to innovate with a strong focus on environmental sustainability is a fundamental starting point for 21 Invest to support Energreen in becoming a worldwide leader in its industry," Alessandro Benetton, 21 Invest Founding Managing Partner.
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