Announced
Completed
Synopsis
Syngroh Capital, an investment company, completed the acquisition of TermaCook, a company which develops and produces glass-ceramic cooktops. Financial terms were not disclosed. "I am proud and happy that with Syngroh Capital and the Grohe family we have been able to win proven entrepreneurial partners. The combination of investment expertise and entrepreneurial experience convinced us from the start. In the future, we can rely on highly competent support both in the organizational and structural development of TermaCook and in questions of financing. In the future, our company will benefit from the strategic advice of the Grohe family and their practical experience in areas relevant to us, such as product development, expansion, sales and marketing," Dirk Urban, TermaCook founder and CEO.
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