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Announced

H.I.G. Capital to acquire a majority stake in Onis Visa.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Single Bidder

Machinery: Industrial

Private Equity

Pending

machinery manufacturing

Cross Border

Friendly

Italy

Private

Majority

Acquisition

machining

Synopsis

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H.I.G. Capital, a global private equity investment firm, agreed to acquire a majority stake in Onis Visa, an operator at European level in the design, assembly and sale of generating sets and motor pumps. Financial terms were not disclosed. "The investment by H.I.G. represents a fundamental step for the future of our Group, and will allow an expansion of the commercial strategy to further expand our presence in international markets, as well as the acquisition of companies with synergic businesses," Marco Barro, Onis Visa Co-CEO.

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