GESCO AG : First acquisition since December 2016 looks promising
>Facts on the acquisition - On 28 August 2018, GESCO AG announced the acquisition of Sommer & Strassburger GmbH Co. KG, Bretten/Germany. With c.125 employees, the company generates sales of nearly €20m. It is a high-end processor of stainless steel, and designs and produces processing equipment (in particular process tanks, filter housings and membrane housings), with a focus on the pharmaceutical, food, water technology and chemical industries. According to GESCO, S...Gesco is a holding company. Co.through its subsidiaries is engaged in the strategic investment in small and medium-sized industrial companies. Co. provides financial and consulting services for its subsidiaries. Co. focuses its investment activities on companies engaged in tool manufacture, mechanical engineering and plastics production segments in Germany.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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