Sun Hydraulics to acquire Faster Group from Capvis for €430M

Sun Hydraulics agreed to acquire Faster Group, a Milan-based maker of quick-release hydraulic couplings, from Capvis Equity IV and co-investors for €430 million (about $531 million) in cash. The deal is expected to close in the second quarter of 2018.

“today announced that it has entered into a definitive agreement to acquire the shares of Faster Group from Capvis Equity IV LP”heliostechnologies.com

• 1 source
• heliostechnologies.comSun Hydraulics Announces Acquisition of Faster Group :: Helios Technologies (HLIO)Feb 19, 2018

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