# 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.

- Type: Acquisition
- Announced: 2021-03-01
- Where: Italy
- Status: completed
- Products: solenoid valves, pumps, fluid control systems
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md)

## Companies

- [Investindustrial](https://endata.com/companies/2585.md) (investor)
- [CEME Group](https://endata.com/companies/2586.md) (acquirer)
- [ODE Group](https://endata.com/companies/7665.md) (target)
- [Banca Finint](https://endata.com/companies/7668.md) (partner)
- [Defond](https://endata.com/companies/7670.md) (partner)

## Sources

- [ode.it](https://www.ode.it/de/ode-group-becomes-part-of-ceme-group/), 2021-03-01: "The take-over of 100% of the ODE Group by CEME SpA was completed last week."
- [icpmag.it](https://www.icpmag.it/componenti/item/2543-elettropompe-a-vibrazione-ed-elettrovalvole-a-solenoide-ceme-acquisisce-il-gruppo-ode/), 2021-03-01: "Completata nei giorni scorsi l'acquisizione del 100% del Gruppo ODE."
- [comunicaffe.it](https://www.comunicaffe.it/ceme-acquisisce-il-100-dellitalo-cinese-ode-dal-fatturato-di-oltre-80-mln/), 2021-03-01: "CEME S.p.A., leader mondiale nel settore delle elettropompe a vibrazione ed elettrovalvole a solenoide con sede a Trivolzio controllata dal fondo Investindustrial, acquisisce il 100% di ODE."
- [bebeez.it](https://bebeez.it/private-equity/le-elettropompe-ceme-controllate-da-investindustrial-rilevano-la-lecchese-ode/), 2021-03-02: "Ceme, società pavese attiva nel settore delle elettropompe a vibrazione ed elettrovalvole a solenoide, controllata dal fondo Investindustrial 6, nei giorni scorsi ha acquistato il 100% di Ode."
- [comunicaffe.com](https://www.comunicaffe.com/ceme-group-acquires-ode-a-designer-of-valves-and-systems-for-coffee-machines/), 2021-03-02: "The take-over of 100% of the ODE Group by CEME SpA was completed last week."

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