OS Holding completed the acquisition of the remaining 30% stake in Olimpia Splendid from Alto Partners.

OS Holding, a holding company, completed the acquisition of the remaining 30% stake in Olimpia Splendid, a company designing and manufacturing air conditioning, from Alto Partners, a private equity firm. Financial terms were not disclosed. "Over the years Olimpia Splendid has recorded an important growth not only in terms of turnover but also and above all in terms of management capacity, quality and product range; growth recognized and appreciated by the market as evidenced by the interest recorded in the company. We are sure that Olimpia Splendid, under the leadership of the Saccone and Dalla Bona families, whom we thank for the constant commitment over the years, today has all the credentials to achieve the further growth goals she has set for the near future," Federico Zaffaroni, and Stefano Baiardo, Alto Partners Director, and Senior Transaction Advisor.