Vandewiele to acquire Savio Group

Alpha Private Equity has reached an agreement to sell 100% of Savio Group to Vandewiele, a Belgian textile machinery group. Financial terms are not disclosed. The transaction is expected to close in spring 2021.

“Receiving such strong interest from important players in this challenging period is a recognition of Savio's strategic value.”saviospa.com

• 1 source
• saviospa.comSavio Group joins Vandewiele | SavioJan 13, 2020

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