# Somec acquires Pizza Group for €5.75 million

Somec has signed an agreement to acquire 100% of Pizza Group, an Italian manufacturer of pizza ovens and equipment, for €5.75 million. The closing is expected by January 31, 2020.

- Type: Acquisition
- Announced: 2019-12-06
- Where: San Vito al Tagliamento, Italy
- Status: announced
- Products: pizza ovens and equipment
- Sectors: [Food Processing Equipment](https://endata.com/sectors/food-processing-equipment.md)

## Companies

- [Somec](https://endata.com/companies/43772.md) (acquirer)
- [Pizza Group](https://endata.com/companies/43773.md) (target)

## Sources

- [tribunatreviso.it](https://www.tribunatreviso.it/cronaca/somec-investe-in-friuli-rilevata-la-pizza-group-l3hza551), 2019-12-06: "La Somec spa comunica di aver siglato l’accordo per l’acquisizione del 100% della società friulana Pizza Group srl."

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