Deal closed Dec 2018 · Warren, Michigan / Italy Verified
Fratelli Pettinaroli acquires remaining stake in valve maker Jomar Group
Italian valve manufacturer Fratelli Pettinaroli S.p.A. completed a 100% acquisition of Michigan-based valve manufacturer Jomar Group in summer 2018, following a 50% acquisition in 2001.
“Fratelli Pettinaroli S.p.A., an Italian-based manufacturer of valves and related products, has acquired Michigan-based Jomar Group.”
Entities
Fratelli Pettinaroli S.p.A. · Acquirer Jomar Group · Target
OtherPlumbing Sentiment: Positive
Source: www.achrnews.com
Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.