Termoindustriale has been acquired by Argos Soditic

Termoindustriale is an engineering company active in the design, planning and installation of biomass co-generated plants fueled with vegetable and animal oils. The company is the market leader in Italy in terms of number of plants installed and is well known for the high quality and timeliness of its service. The Pan-European private equity fund Argos Soditic has acquired 70% of the share capital through a full equity Management Buy Out transaction. The management team retains a 30% stake. Arietti & Partners, the Italian team of M&A International Inc., originated the deal and advised the vendors throughout closing.