Callista Private Equity-backed Callista Asset Management 30 completed the acquisition of SII Precision Parts from SII Technologies.

Callista Private Equity-backed Callista Asset Management 30, a company specializing in acquiring non-core subsidiaries and underperforming businesses, completed the acquisition of SII Precision Parts, a German precision engineering company, from SII Technologies, a German technology and engineering services provider. Financial terms were not disclosed. “In Augsburg, we found a highly capable and well-run company, led by an experienced division manager, delivering strong operational performance, with even greater potential ahead,” Christopher Irion, Callista Managing Director.