Savio's New Owner Vandewiele – New Cloth Market

Itaca Finance SA, part of Alpha Private Equity, reached an agreement late last year for the sale of 100 percent of the Savio Group to Vandewiele, a Alpha Private Equity signed an agreement for the sale of 100 percent of the Savio Group to the Belgian company Vandewiele. The acquisition is expected to be completed in the spring of 2021. The financial terms of the sale were not disclosed.

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