Comet (Emak group) agrees to buy 83.1% of Lavorwash for about EUR 55M

Comet, part of Emak, signed a binding contract to acquire 83.1% of Lavorwash from Zenith, with an initial valuation of about EUR 54.8 million. Closing is expected in early July 2017.

“ha perfezionato oggi – tramite la controllata Comet- un contratto vincolante per l'acquisizione da Zenith dell'83,1% della società Lavorwash”reggioreport.it

• 2 sources
• reggioreport.itColpo grosso di Comet (gruppo Emak): compra per 55 milioni le idropulitrici Lavorwash | Reggio ReportMay 1, 2017
• baldiandpartners.itBaldi&Partners acted as legal advisors to Comet S.p.A. (Emak Group) in acquisition of 83.1% of Lavorwash S.p.A - Baldi&PartnersMay 11, 2017

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