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Gardner Denver Inc. Acquisition of Robuschi Spa

Gardner Denver Inc. has acquired 100% of the outstanding shares of Robuschi SpA, a manufacturer of blowers and pumps, from Aksia Group SpA, a private equity firm, for €152 million.Robuschi has annual revenues of approximately €70 million.

The acquisition involves a strategic addition to the Gardner portfolio and is an excellent fit with its Industrial Products. The acquisition will allow Gardner to provide significant cost synergies as the company continue to optimize its European manufacturing footprint supported by the principles of the Gardner Denver Way.

Baker & McKenzie is acting as legal advisor to Gardner Denver, while Robert W Baird & Co Incorporated is acting as financial advisor and Dewey & LeBoeuf is acting as legal advisor to Robuschi. Deloitte Financial Advisory Services Spa provided financial due diligence services on the deal.

 

 

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