# Investindustrial acquires 70% stake in Fassi Gru

Investindustrial Group acquired a 70% stake in Italian loader crane manufacturer Fassi Gru from the Fassi family. The Fassi family retains 30% and Giovanni Fassi remains CEO.

- Type: Acquisition
- Announced: 2024-01-25
- Where: Albino, Bergamo, Italy
- Status: completed
- Products: loader cranes
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Investindustrial](https://endata.com/companies/2585.md) (acquirer)
- [Fassi Gru](https://endata.com/companies/75270.md) (target)

## Sources

- [vertikal.net](https://vertikal.net/en/news/story/43132/new-owner-for-fassi), 2024-01-25: "London, UK, based international investment firm Investindustrial Group has acquired a 70 percent stake in the Italian loader crane manufacturer Fassi Gru from the Fassi family."

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