Sumitomo Heavy Industries to acquire Lafert S.p.A. for €172.65 million

Sumitomo Heavy Industries Ltd has signed a binding agreement to acquire the entire share capital of Lafert S.p.A., a European leader in electric motors and drives, for €172.65 million. The transaction is scheduled for completion by end of June 2018.

“The shareholders of Lafert S.p.A. have signed a binding agreement to sell the entire share capital of the company to Sumitomo Heavy Industries Ltd for a consideration of Euro 172.65 million.”scoutingadvisors.com

• 1 source
• scoutingadvisors.comSCOUTING HELPS THE LAFERT GROUP TO SELL THE ENTIRE EQUITY INTEREST TO SUMITOMO HEAVY INDUSTRIES - Scouting Capital & Family Advisorsmattia.benedettiMay 1, 2018

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