CEME completes takeover of ODE Group, Italian solenoid valve and pump maker

CEME S.p.A. completed the takeover of 100% of ODE Group, including ODE srl, ACL srl and ODE-HK, with about 750 employees and over EUR 80 million turnover, creating a group of 1,650 employees.

“The take-over of 100% of the ODE Group by CEME SpA was completed last week.”ode.it

• 5 sources
• ode.itODE Group becomes part of CEME Group | ODE solenoid valves & pumpsMar 1, 2021
• icpmag.itElettropompe a vibrazione ed elettrovalvole a solenoide: CEME acquisisce il Gruppo ODE - ICP MagazineMar 1, 2021
• comunicaffe.itCEME acquisisce il 100% dell'italo-cinese ODE, dal fatturato di oltre 80 mlnMar 1, 2021
• bebeez.itLe elettropompe Ceme, controllate da Investindustrial, rilevano la lecchese Ode - BeBeezMar 2, 2021
• comunicaffe.comCeme acquires Ode, a designer of valves and systems for coffee machinesMar 2, 2021

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