CDC S.p.A. is an Italy-based company engaged in distribution and marketing of products and services for power transmission.LFD Waelzlager GmbH, the Germany based company engaged in the production and supply of ball bearings and other products of the industrial drives, has acquired a majority stake in CDC S.p.a., the Italy based company engaged in distribution and marketing of products and services for power transmission, for an undisclosed consideration.
The transaction enables LFD to strengthen its market position and also to expand its product portfolio in Italy and the international markets.
Sources:
LFD Waelzlager GmbH press release (German)
VR Corporate Finance press release, 28 February 2014 (German)
DZ BANK AG
Advised in the sale of
CDC S.p.a
to