Press Release: VIS Hydraulics completes the acquisition of Mecof, consolidating a successful partnership.
VIS Hydraulics is pleased to announce the completion of the acquisition of 26% of the shares of Mecof, bringing its participation to 100% of the company's share capital.
The acquisition process, completed in recent weeks, testifies VIS Hydraulics' constant commitment strengthening and guiding the precious partnership with Mecof.
This milestone represents the conclusion of a journey started in 2013, when VIS Hydraulics entered the share capital of Mecof. Since then, we have embarked on a path of growth and development, which has allowed us to achieve important results thanks to continuous investments and the consolidation of economic and financial performance. This operation confirms Mecof as a strategic and fundamental partner for the success of the business of VIS Hydraulics and our other customers.
We would like to express a special thank you to Claudio Tollari, one of the company's founders, who was a minority shareholder until this acquisition. Claudio will continue to be part of the Mecof team, supporting the growth and success of the company thanks to his consolidated experience and skills.
@[adamo venturelli](urn:li:person:vOb0hNLnS3)
@[Marco Montecchi](urn:li:person:5Fk4jRDt_x)
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