Pedrollo Group Acquires 70% of Superior Pump (Michel Sales, Inc.)

December 13, 2020

Italy-based Pedrollo Group acquired a 70% stake in Superior Pump (trading as Michel Sales, Inc.), a Minneapolis-headquartered designer and manufacturer of residential and commercial water pumps. The deal gives Pedrollo a significant foothold in the North American market and is expected to create operational synergies across manufacturing, distribution and sales.

Buyers
Pedrollo Group
Targets
Superior Pump (Michel Sales, Inc.)
Industry
Manufacturing
Location
Minnesota, United States
Transaction Type
Buyout

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