Galileo TP

Fineurop Soditic advised Sequor Industries S.A. in the sale of Galileo TP Process Equipment S.r.l. to Absolute Ventures S.c.A., through an MBO transaction. Galileo TP, headquartered in Scandicci (Florence), is the Italian leading manufacturer of machines for charging refrigerant fluids and of rotary vacuum pumps addressed to refrigeration and air-conditioning markets. The Company has approximately 30 employees and reported 2004 sales of Euro 11 million with an Ebitda of 25%.