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Pedrollo Group has acquired a majority stake in PM, a submersible motor maker based in Brendola (Vicenza), Italy. It is Pedrollo's fourth growth transaction since 2019.
Pedrollo Group announced it acquired a majority stake in Saci Pumps (Bombas Saci S.A.), a Barcelona-area maker of swimming pool pumps, to expand its pool pump range and Iberian presence. Saci Pumps is projected to have about EUR 27 million revenue in 2022; the deal value was not stated.
