Announced
Completed
Financials
Sources
Tags
Completed
Acquisition
safety accessories
Friendly
Private
Single Bidder
PPE kits
Domestic
Italy
work gloves
Majority
Private Equity
Clothing and Accessories
Synopsis
HIG Capital-backed Berardi Bullonerie, an industrial distributor, completed the acquisition of Clas, a PPE manufacturer. Financial terms were not disclosed. “The complementarity of the products offered by Clas and Berardi will allow greater customer satisfaction. Our common vision is to emphasize the approach to the customer, based not only on the quality of the products offered but, above all, on the reliability of the service by leveraging on the technological solutions and on the level of automation that we already have in common with the Berardi group," Luca Cornale, Clas CEO.
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