Thermador Groupe's Sferaco opens talks to buy Groupe Valfit

Sferaco, a subsidiary of Thermador Groupe, has opened negotiations to buy 100% of Groupe Valfit, a Bussy Saint-Georges company that sells connectors, meters and valves to wholesalers, with a deal targeted by end of January 2018. Valfit reported 2016 turnover of EUR 5.9 million. No price was disclosed.

“Sferaco, a subsidiary of Thermador Groupe, has opened up negotiations with Mr Bitsch and Mr Gueli for the purchase of 100% of the shares in Groupe Valfit.”globenewswire.com

• 1 source
• globenewswire.comTHERMADOR GROUPE : Acquisition project of Groupe ValfitOct 30, 2017

Summarized from public sources; check the original articles before acting on it.