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Consolidation trend Nov 2017 · Europe

Taco builds European footprint via serial acquisitions (Askoll Sei 2015, now Taconova)

Taco's owner noted the Taconova deal strengthens its European presence that began with the 2015 acquisition of Italian pump maker Askoll Sei, illustrating a serial-acquisition expansion strategy.

“The reputation of the Taconova brand will help further strengthen our presence in Europe, which began in 2015 with the acquisition of Askoll Sei, a world-class manufacturer of high-efficiency pumps located in Sandrigo, Italy.”

Entities

Askoll Sei · Target Taco Family of Companies · Acquirer Taconova Group · Target
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Source: www.achrnews.com

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