Jose Antonio Barrena
Norgestion
Pasaban
Deal Type
Acquisition
Sector
Industrials
Completion Date
22nd January 2024
Deal Value
Not disclosed
Company Background
Pasaban is a company dedicated to the design and manufacture of machinery (slitters, winders, etc.) for the paper industry.
Deal Summary
Pasaban had the sctrategic objective of increasing presence and market share in the US. For that, Pasaban has acquired a majority stake in a local manufacturer so that they can jointly push the Pasaban business, together with the original portfolio of the acquired company, in the US.
