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Announced

Egeria to acquire Sonic Equipment from Torqx Capital.

Synopsis

Egeria, an investment company, agreed to acquire Sonic Equipment, a specialist in professional hand tools, filled toolboxes and premium storage solutions, from Torqx Capital, a private equity firm. Financial terms were not disclosed. “We are impressed by Sonic’s entrepreneurship, growth track record and unique value proposition in the tools market. We strongly believe in the further international growth potential of the Sonic brand and product offering in the years to come and very much look forward to collaborate with Remko and the team to develop Sonic further,” Sander Van Keken, Egeria Partner.

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