News

 

13 oct 2009

Ryko Italia sold to local managers

immagine Ryko Italia sold to local managers

In July 2008 Arietti & Partners, the Italian team of M&A International Inc., was engaged by Ryko International Ltd to assist the American group throughout the sale process of the controlled Italian company Ryko Italia Srl, headquartered in Morano sul Po.

Ryko International Ltd is a leading player in North America in the production of car, bus, truck and van wash equipment and accessories. The group operates worldwide with branches and distribution sites.

In July 2009, Arietti & Partners advised Ryko International Ltd in a successful MBO following which a Newco  controlled by the local management acquired 100% of Ryko Italia Srl and Ryko France Sarl.