Annovi Reverberi Group acquires 95% stake in Ace Pump Corp.

Italian pump maker Annovi Reverberi Group announced on June 15, 2018 that it acquired a 95% stake in Ace Pump Corp., a Memphis, Tennessee manufacturer of agricultural and off-highway pumps. CEO Andy Randle keeps the remaining 5%.

“Annovi Reverberi Group ... announced the acquisition of a 95% stake in Ace Pump Corp.”precisionfarmingdealer.com

• 2 sources
• precisionfarmingdealer.comAnnovi Reverberi Group Announces Acquisition of 95% Stake in Ace Pump Corp.Jun 15, 2018
• worldpumps.comPumps Mergers & Acquisitions Review: Q2 2018 - World PumpsJul 17, 2018

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