# 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.

- Type: Acquisition
- Announced: 2017-10-30
- Where: Bussy Saint-Georges, France
- Status: announced
- Products: connectors, meters, valves
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md), [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Thermador Groupe](https://endata.com/companies/1987.md) (acquirer)
- [Sferaco](https://endata.com/companies/14872.md) (acquirer)
- [Groupe Valfit](https://endata.com/companies/14873.md) (target)

## Sources

- [globenewswire.com](https://www.globenewswire.com/news-release/2017/10/30/1160109/0/en/thermador-groupe-acquisition-project-of-groupe-valfit.html), 2017-10-30: "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."

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