Ur-Invest completed the acquisition of Sitep.

Ur-Invest, a private equity firm specializing in club deals, completed the acquisition of Sitep, a manufacturer of automated solutions and machinery for bakery, pastry, and pizzeria laboratories. Financial terms were not disclosed. This strategic acquisition aims to leverage Sitep's established market position and Ur-Invest's investment expertise to drive growth and innovation in the automated solutions sector for bakery, pastry, and pizzeria industries.