◂ Announcements

Apr 2, 2021ACQUISITIONItaly

PM & Partners SGR acquires majority stake in CyTech Group

PM & Partners SGR private equity fund entered as majority shareholder of CyTech Group, parent company of Elastic Interface. Founders Marino De Marchi and Stefano Coccia will retain minority stakes.

Status

Completed

Productscycling padscycling glovesPalm technology for cycling gloves

CompaniesPM & Partners SGR acquirer CyTech Group target

Sectors#Industrial Textiles

“The acquisition project was created with the aim of further developing our company.”elasticinterface.com

1 source
elasticinterface.comCyTech Group announces new shareholder PM & Partners SGR | Elastic Interfacegianmaria.bressan@roundstudio.itApr 1, 2021

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

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