# Emak acquires 83.1% of Italian pressure washer maker Lavorwash Group

Emak, through subsidiary Comet S.p.A., signed a binding contract to acquire 83.1% of Lavorwash Group from the Lanfredi and Migliari families for about EUR 54.8 million. The deal was reported in May 2017.

- Type: Acquisition
- Announced: 2017-05-01
- Where: Italy
- Value: $59.7M (54.8M EUR)
- Status: announced
- Products: pressure washers
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Emak](https://endata.com/companies/1360.md) (acquirer)
- [Zenith S.p.A.](https://endata.com/companies/1362.md) (partner)
- [Lavorwash](https://endata.com/companies/1363.md) (target)

## Sources

- [scoutingadvisors.com](https://www.scoutingadvisors.com/en/operations/il-gruppo-emak-ha-acquisito-l831-della-societa-lavorwash-spa/), 2017-05-01: "The value of the transaction for the acquisition of 83.1% of the share capital of the Target is around 54.800.000 Euro."

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