# Annovi Reverberi acquires 95% stake in US pump maker Ace Pump

Italian Annovi Reverberi group acquired 95% of US agricultural and off-highway pump maker Ace Pump, with the remaining 5% held by its former president and new CEO Andy Randle. The deal was reported in 2018.

- Type: Acquisition
- Announced: 2018-01-01
- Where: United States
- Status: completed
- Products: hydraulic motor driven pumps, engine driven pumps, centrifugal pumps
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md)

## Companies

- [Annovi Reverberi Group](https://endata.com/companies/3447.md) (acquirer)
- [Ace Pump Corp.](https://endata.com/companies/3448.md) (target)

## Sources

- [industrysourcing.cn](https://www.industrysourcing.cn/article/360289), 2019-03-02: "意大利的Annovi Reverberi集团收购了美国农业和非公路用泵类产品制造商Ace Pump 95%的股份。"

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