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Ivs Group (vending), to acquire Chicchecaffè

The Company target is based in Emilia Romagna region

IVS Group, the Italian leader and the second player in Europe in the business of automatic and semi-automatic vending machines for the supply of hot and cold drinks and snacks (vending), signed an agreement regarding the acquisition of the business of Chicchecaffè S.r.l. active in the vending sector in Emilia Romagna region.
The business acquired generates annual sales of around Euro 1.7 million and was valued (provisional price) around Euro 2 million.
This transaction - The Company said - is consistent with IVS Group consolidated strategy, aimed at increasing logistic density, efficiency and quality service in the markets served. 

                                   

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