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Investindustrial buys Piovan: another company leaves the Stock Exchange

Food machinery company acquired by Automation Systems for 719 million: Piovan’s stock will be delisted at closing

Automation Systems S.p.a., a company whose share capital is indirectly held by Investindustrial VIII SCSp, has entered into a purchase and sale contract with Pentafin S.p.a. for the acquisition of 58.35% of the share capital of Piovan S.p.a, Venetian company dealing with automation systems of production processes for the storage, transport and treatment of polymers, bioresins, recycled plastics, food...

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EFA News - European Food Agency
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