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The Club Dealers to acquire a minority stake in Granda Manufacturing.

Synopsis

The Club Dealers, a private equity firm, agreed to acquire a minority stake in Granda Manufacturing, an Italian manufacturer and distributor of components for residential and public swimming pools and wellness products. Financial terms were not disclosed. "We are convinced that, thanks to the collaboration with the Cussino family, The Club Dealers and GMG are ideally positioned to fully exploit their growth potential and develop strategic synergies that benefit both entities," Enrico Ricotta, The Club Dealers co-founder.

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