Further to an announcement made earlier this year, Cavagna Group has successfully completed the capital acquisition of Mesura SA, a French company with headquarters in Forkling, France.
Mesura SA., now 100% owned by Cavagna Group, has been operating internationally since 1949, specializing in the design and manufacture of natural gas and LPG regulators for domestic, commercial and industrial use.
Cavagna explains that the deal gives the group an both increased product range and new opportunities by leveraging the expertise of both companies.
“This acquisition is part of Cavagna Group’s growth strategy, and not only intends to expand our product portfolio, but it will allow our group to provide its customers with an extended product range increasing their, as well as our, market share options,” said David Cavagna, CEO of the Group.
Bernard Schlick, general manager of the Group’s Regulator Division, will accompany Mesura SA. in the integration of the two companies. He added, “Our project obviously consists in favoring Mesura’s development according to the business objectives, but still remain as faithful as possible to the brand.”