Gruppo Aturia, the European subsidiary of pumps manufacturer WPIL (BOM:505872), has acquired a 100% stake in Misa Italy, for an undisclosed amount, according to a Tuesday filing to the stock exchanges.
Italy-based Misa deals in large pumping station projects and supply of pumps and hydro turbines.
The acquisition will help the company to offer turnkey project capability across Europe and the MENA region, along with strengthening its offerings in the area of supply of large pumps for water, irrigation, and drainage.
Shares of the company were up nearly 3% in recent trade.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。