Abenex completed the acquisition of a majority stake in Zato from LBO France and founder Valerio Zanaglio.

Abenex, a private equity firm certified as a B-Corp and focused on growth and buyout transactions, completed the acquisition of a majority stake in Zato, a manufacturer of metal recycling equipment, from LBO France, a private equity firm, and Valerio Zanaglio, the founder. Financial terms were not disclosed. “We are proud to embark on this new chapter with Abenex, a partner who shares our industrial values and ESG vision,” Valerio Zanaglio, Zato, Founder.