# Pedrollo Group acquires majority stake in PM

Pedrollo Group has acquired a majority stake in PM, a submersible motor maker based in Brendola (Vicenza), Italy. It is Pedrollo's fourth growth transaction since 2019.

- Type: Acquisition
- Announced: 2024-01-16
- Where: Brendola, Vicenza, Italy
- Status: completed
- Products: submersible motors
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md)

## Companies

- [Pedrollo Group](https://endata.com/companies/7412.md) (acquirer)
- [Translink Corporate Finance](https://endata.com/companies/10131.md) (partner)
- [PM](https://endata.com/companies/11448.md) (target)

## Sources

- [pedrollogroup.com](https://www.pedrollogroup.com/en/pedrollo-group-expands-its-range-and-enriches-its-expertise-in-the-field-of-submersible-motors-by-acquiring-a-majority-stake-in-pm-technology/), 2024-01-16: "Pedrollo Group acquires a majority stake in PM"
- [translinkcf.com](https://translinkcf.com/2024/01/25/translink-corporate-finance-acted-as-the-advisor-to-the-pedrollo-group-in-its-acquisition-of-pm-srl/), 2024-01-25: "Pedrollo Group, one of the world's leading electric water pump producers with headquarters in Italy, has acquired a majority stake in PM Srl."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.