# Biesse Group acquires Forvet Costruzione Macchine Speciali

Biesse Group signed a contract to acquire 100% of Forvet Costruzione Macchine Speciali, a manufacturer of special automated machines for glass machining, for around €41 million.

- Type: Acquisition
- Announced: 2021-10-13
- Where: Volvera, Turin, Italy
- Value: $48.0M (41.0M EUR)
- Status: announced
- Products: special automated machines for glass machining, automated lines for glass processing
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Biesse Group](https://endata.com/companies/17410.md) (acquirer)
- [Forvet Costruzione Macchine Speciali](https://endata.com/companies/58367.md) (target)

## Sources

- [glassonline.com](https://www.glassonline.com/biesse-group-acquires-forvet-costruzione-macchine-speciali/), 2021-10-12: "Biesse Group signed a contract for the acquisition of 100 percent of the quotes of Forvet Costruzione Macchine Speciali S.p.A."

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