Announced
Financials
Sources
Tags
Diversified Industrials
Private Equity
Friendly
Single Bidder
Pending
Germany
traffic safety products
safety products
professional products
Cross Border
Private
construction
Acquisition
Majority
Synopsis
Sekisui Jushi, a sign manufacturing company, agreed to acquire WEMAS, a manufacturer of professional safety products for construction sites, from Gimv and Paragon Partners, private equity firms. Financial terms were not disclosed. “The management team is looking forward to continuing to offer innovative and market-leading solutions to our customers. In doing so, we will benefit from the complementary expertise and geographic presence of our new owner SJC,” Dirk Gößling, WEMAS CEO.
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