Sinergia II, a closed-end fund managed by Synergo SGR, has acquired a minority stake in Toscotec S.p.A.; the Mennucci family will remain as majority shareholder.
Synergo aims to support Toscotec further growth, both organically and through selective strategic add-on acquisitions.
Alessandro Mennucci, shareholder and CEO, with an experience of more than 20 years in the industry, will continue to lead the Group.
Toscotec is a world leader in the design and production of turnkey plants and machines, as well as a first class supplier for components and services dedicated to the global paper and tissue industries.
Source : lesprom.com