Groupe SEB completed the acquisition of Zummo from Meridia Capital.

Groupe SEB, a manufacturer of household consumer goods, completed the acquisition of Zummo, a designer, manufacturer, and marketer of automatic citrus fruit extraction machines, from Meridia Capital, a private equity firm. Financial terms were not disclosed. “We are delighted to have acquired Zummo, as the acquisition will allow SEB Group to accelerate the development of its professional business, a fast-growing and profitable market. These products closely complement our Professional Coffee business, and will create a true ecosystem for our customers in this sector. The group extends a warm welcome to Zummo’s impressive management team and its 130 skilled employees. We are going to capitalize on Zummo’s recognized expertise and will together seek to achieve our aims in the professional sector," Thierry de La Tour d’Artaise, Groupe SEB Chairman.