◂ Announcements

Jul 11, 2019ACQUISITIONCavezzo, Modena, Italy

Gulftech International acquires ABL S.r.l.

Gulftech International acquired ABL S.r.l., an Italian designer and manufacturer of fruit processing machinery. The Ascari family reinvested in Gulftech with a minority stake.

Status

Completed

Productsfruit processing machinery

CompaniesGulftech International acquirer ABL S.r.l. target

Sectors#Food Processing Equipment

“The transaction marks the culmination of a journey that began a few years ago when Itago became a shareholder.”livingstonepartners.com

1 source
livingstonepartners.comLivingstone advises the shareholders of ABL on its sale to Gulftech International - Livingstone PartnersJul 11, 2019

Summarized from public sources; check the original articles before acting on it.

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