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  5. Fiorini Industries Acquires Lovato

M&A Deal Summary

Fiorini Industries Acquires Lovato

On December 19, 2024, Fiorini Industries acquired consumer services company Lovato

Acquisition Highlights
  • This is Fiorini Industries’ 1st transaction in the Consumer Services sector.
  • This is Fiorini Industries’ 1st transaction in Italy.

M&A Deal Summary
Date 2024-12-19
Target Lovato
Sector Consumer Services
Buyer(s) Fiorini Industries
Deal Type Add-on Acquisition

Target

Lovato

Gazzolo, Italy
Lovato specializes in the development, production, and commercialization of components and solutions for residential heating, including distribution modules, hot water sanitary stations, hybrid heat pump cabinets, distribution manifolds, and storage tanks. Lovato was formed in 1972 and is headquartered in Gazzolo, Italy.

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Buyer(S) 1

Buyer

Fiorini Industries

Forlì, Italy
Category Company
Founded 1978
Sector Consumer Services
DESCRIPTION

Fiorini Industries specializes in the development and production of components for water-based systems (e.g. heat pumps), serving mid/high-end solutions for commercial, residential and industrial applications. Fiorini Industries was formed in 1978 and is headquartered in Forlì, Italy.

DEAL STATS #
Overall 1 of 1
Sector: Consumer Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Italy M&A 1 of 1
Year: 2024 M&A 1 of 1
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