Announced
Completed
Synopsis
Ibla Capital, a private equity firm, completed the acquisition of Cutting Edge Automation Machines, a provider of cutting, welding and sewing solutions, from SolarEdge Group, a global smart energy company. Financial terms were not disclosed. "We are delighted that a global player like SolarEdge has tapped Ibla Capital's proven track record in successfully managing the carve-out of non-core businesses from large multinational players," Vincenzo Santoro, Ibla Capital Chief Investment Officer.
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