lawyermonthly 1100x100 oct2024eb sj lawyermonthly 800x90 dalyblack (1)

Aquarama Gest acquires Hypromat Italy

Reading Time:
< 1
 minutes
Posted: 28th April 2017 by
d.marsden
Last updated 14th September 2021
Share this article

The company Aquarama, which belongs to the family Bosio, concluded the important acquisition of Hypromat, Franco-Swiss multinational company operating in the Italian territory with 19 plants owned in the car wash industry. The fallout of this acquisition is to be assessed positively in terms of employment; the acquisition does not include layoffs or mobility for the staff of the newly acquired group.

The investment of Aquarama (from 10 years on the market) is in addition to those already carried out and ongoing in the Novello headquarters, where more than 110 employees are employed, and the various branches and offices abroad (Switzerland, Spain, South America). The group currently has over 180 employees and exports to over 40 countries.

The acquisition was made through its subsidiary Aquarama Gest, who deals with car wash facilities management, and allows the same to earn today's leading position in the domestic market.

Aquarama has also invested in other strategic companies upstream, such as Saet, in regard to electronics, in line with their own quality policies being able to manage the production of the whole chain. The Bosio family is already looking more and more to deal in order to improve both the product and the services as well as the area of influence in the world.
The acquisition has been assisted by the law firm Pedersoli of Milan, as well as by the financial Ersel and the tax firm Gianni hood.

 

Sign up to our newsletter for the latest Deals Updates
Subscribe to Lawyer Monthly Magazine Today to receive all of the latest news from the world of Law.
Just for you

About Lawyer Monthly

Lawyer Monthly is a news website and monthly legal publication with content that is entirely defined by the significant legal news from around the world.