Announced
Financials
Sources
Tags
France
Construction Services
Private
Cross Border
Completed
building and infrastructure
Acquisition
Majority
Friendly
drainage pipes
Single Bidder
Synopsis
FITT, a specialist in development of fluid transfer solutions for domestic, professional and industrial use, completed the acquisition of ATE, a French company in the building and infrastructure pipeline sector. Financial terms were not disclosed. “This investment will allow the Group to expand its production capacity and product range for the French and Northern European markets, further reinforcing its leadership position in the sector. Having Finest as a financing partner is a guarantee of stability in supporting future development plans,” Alessandro Mezzalira, FITT CEO.
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