# Finrel completes acquisition of 51% of Tecnord Srl from Delta Power Company

Finrel SpA, the Casappa family holding company, completed the acquisition of a 51% stake in Tecnord Srl, headquartered in Modena, from Delta Power Company. The deal was announced on 8 April 2022.

- Type: Acquisition
- Announced: 2022-04-08
- Where: Modena, Italy
- Status: completed
- Products: hydraulic components
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Finrel](https://endata.com/companies/9119.md) (acquirer)
- [Tecnord](https://endata.com/companies/9120.md) (target)
- [Delta Power Company](https://endata.com/companies/9121.md) (partner)

## Sources

- [casappa.com](https://www.casappa.com/en/blog/2022/04/08/121/finrel-spa-completes-acquisition-51-share-capital-tecnord-srl/), 2022-04-08: "Finrel Spa, Casappa family holding owning Casappa SpA and Ikron srl, completed the acquisition from Delta Power Company Rockford (Illinois – USA) of 51% of the share capital of Tecnord Srl, headquartered in Modena."

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