B. Group completed the acquisition of IFP Europe for $25m.

B. Group, a private equity firm, completed the acquisition of IFP Europe, an industrial equipment supplier, for $25m. “We were particularly attracted by the technological content of the facilities, the propensity for product innovation, and IFP’s focus on environmental sustainability. These are all themes that are part of B.group’s culture. We are convinced that we can contribute to making IFP an international group while respecting the company’s cultural identity,” Dr. Orio Pontiggia, B.group CEO.