# 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.

- Type: Acquisition
- Announced: 2018-02-19
- Where: Milan, Italy
- Value: $531.0M (430.0M EUR)
- Status: announced
- Products: quick-release hydraulic couplings
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Sun Hydraulics](https://endata.com/companies/265.md) (acquirer)
- [Faster Group](https://endata.com/companies/2860.md) (target)
- [Capvis Equity Partners](https://endata.com/companies/2861.md) (partner)

## Sources

- [heliostechnologies.com](https://www.heliostechnologies.com/investors/news-events/press-releases/detail/127/sun-hydraulics-announces-acquisition-of-faster-group), 2018-02-19: "today announced that it has entered into a definitive agreement to acquire the shares of Faster Group from Capvis Equity IV LP"

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