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Deal closed Dec 2018 · Warren, Michigan / Italy

Pettinaroli completes step-up from 50% to 100% ownership of Jomar

The full acquisition of Jomar was finalized in summer 2018 and followed a 50% acquisition in 2001, completing a 30-plus year partnership and expanding Pettinaroli's North American footprint.

“The full acquisition was finalized this summer and follows a 50% acquisition in 2001.”

Entities

Fratelli Pettinaroli S.p.A. · Acquirer Jomar Group · Target
OtherPlumbing
Source: www.achrnews.com

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