Announced
Financials
Tags
Single Bidder
Machinery: Industrial
Private Equity
Pending
machinery manufacturing
Cross Border
Friendly
Italy
Private
Majority
Acquisition
machining
Synopsis
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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