Announced
Financials
Tags
Italy
outdoor street furniture
Household Furnishings
Acquisition
Cross Border
Private
Majority
Friendly
Pending
Single Bidder
Synopsis
Hivest Capital-backed Holding Agora, a group producing foundry equipment for urban realm, agreed to acquire The Placemakers, an Italian leader in the design and manufacturing of street furniture. Financial terms were not disclosed. "We are thrilled to welcome TPM, along with the Bertino and Tasca families, into the Agora group. The acquisition of TPM is a key milestone for Agora and will act as a catalyst in deploying our ambitious growth strategy for the Group," David Lelièvre, Holding Agora President.
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