# Interpump to acquire Reggiana Riduttori in share exchange valued at EUR 125 million

Interpump signed a binding agreement to acquire 100% of Reggiana Riduttori through a share exchange, based on an agreed enterprise value of EUR 125 million. Closing is expected by end of 2019, subject to due diligence.

- Type: Acquisition
- Announced: 2019-09-23
- Where: Italy
- Value: $136.0M (125.0M EUR)
- Status: announced
- Products: gear reducers, power take-offs (PTO)
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Interpump Group](https://endata.com/companies/870.md) (acquirer)
- [Reggiana Riduttori](https://endata.com/companies/5578.md) (target)

## Sources

- [borse.it](https://www.borse.it/news/interpump-firma-una-nuova-acquisizione-reggiana-riduttori-entra-nel-gruppo__511384), 2019-09-23: "l'intero capitale di Reggiana Riduttori entrerà a far parte del gruppo Interpump, attraverso uno scambio azionario"

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