# GMM SpA acquires Techni Waterjet Pty Ltd

GMM SpA, a portfolio company of Consilium Private Equity Fund III, has acquired Techni Waterjet Pty Ltd, a manufacturer of waterjet cutting solutions, from its founders. Terms were not disclosed.

- Type: Acquisition
- Announced: 2018-06-20
- Where: Melbourne, Australia
- Status: completed
- Products: waterjet cutting solutions
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [GMM SpA](https://endata.com/companies/18747.md) (acquirer)
- [Techni Waterjet Pty Ltd](https://endata.com/companies/18748.md) (target)
- [Consilium Private Equity Fund III](https://endata.com/companies/18749.md) (investor)

## Sources

- [lincolninternational.com](https://www.lincolninternational.com/transactions/gmm-spa-has-acquired-techni-waterjet-pty-ltd/), 2018-06-20: "The acquisition of TWJ, in addition to providing strong industrial and commercial synergies between the two companies, will specifically target the development of water-cutting machinery in the stone materials sector."

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