# Landi Renzo completes acquisition of Idro Meccanica

SAFE S.p.A., part of the Landi Renzo group, finalized the acquisition of a 90% stake in Idro Meccanica S.r.l., a maker of hydraulic-driven hydrogen and RNG compressors. The remaining 10% will transfer once authorizations are obtained.

- Type: Acquisition
- Announced: 2017-03-03
- Where: Italy
- Status: completed
- Products: hydrogen compressors, RNG compressors, hydraulic-driven compressors
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Landi Renzo](https://endata.com/companies/1044.md) (acquirer)
- [SAFE S.p.A.](https://endata.com/companies/1045.md) (acquirer)
- [Idro Meccanica](https://endata.com/companies/1046.md) (target)

## Sources

- [landiusa.achillescarbon.com](https://landiusa.achillescarbon.com/news/), 2017-03-03: "SAFE S.p.A., a company of the SAFE & CEC Group, controlled by Landi Renzo S.p.A., today finalized the acquisition of 90% interest in the share capital of Idro Meccanica S.r.l."

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