ITALY - Arca reaps 1.9x returns from Mazzoni sale
Arca Impresa Gestioni has sold its stake in Mazzoni LB to holding Sagittario for an undisclosed sum, a deal that netted the investor a 17% IRR and a cash multiple of 1.9x.
Based in Varese, Mazzoni LB was founded in 1946. The company designs and manufactures plant and machinery for the solid soap industry, holding a world leadership position in a niche market.
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