Alpha Private Equity Reaches An Agreement For The Sale Of 100% Of Savio Group To The Belgian Company Vandewiele
January 5, 2021 MILAN/BRUSSELS — January 4, 2021 — Itaca Finance S.A., a company controlled by Alpha Private Equity, reached late last year an agreement for the sale of 100-percent of Savio Group to Vandewiele, a Belgium-based global group active in the construction and installation of textile machinery. The completion of the transaction is expected in spring 2021. Financial terms of the transaction are not disclosed. Founded in 1911 and headquartered in Pordenone, Italy, Savio Group is a designer and manufacturer of winding machines and quality control devices for the textile industry, w...
Source: textileworld.com