Investindustrial agrees to acquire CEME Group, fluid control pump and valve maker

Investindustrial agreed to acquire a 97% stake in CEME Group S.p.A., a manufacturer of pumps, valves and flow meters based near Milan, from Investcorp, with management keeping 3%. Closing is expected in the coming months subject to antitrust approvals.

“An investment subsidiary of Investindustrial VI L.P. has agreed to acquire CEME Group S.p.A. from Investcorp.”comunicaffe.com

• 2 sources
• comunicaffe.comInvestindustrial acquires global manufacturer of single serve coffee pumpsDec 19, 2017
• bebeez.euInvestindustrial to buy control of Ceme Group in a 285 mln euros deal – BeBeez InternationalDec 20, 2017

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