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Value Undisclosed
Summary
Enrogen, a well-established manufacturer of diesel generators, has been sold to a private equity-backed Italian company, Visa S.p.A., in a strategic sale.
Summary of transaction details:
- Value: Not disclosed
- Sector: Industrials & Energy
- Advisor: KBS Corporate
- Key Entities: Enrogen, Visa S.p.A.
- Location: UK and Italy
Note: The acquisition is expected to allow Enrogen to continue building upon the growth the sector is seeing, with its track record of designing and building complex genset for critical industries, and is part of Visa's efforts to strengthen its presence in international markets.
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