The VMC Group announced it has closed a definitive stock purchase agreement with STABILUS to acquire Fabreeka Holdings, including Fabreeka Germany, Fabreeka USA, and Tech Products for $92 million. The acquisition adds a century-old engineering solutions brand and expands VMC Group’s ability to serve customers across North America and global markets. CCCM has been an investor in VMC since 2005 and this is our fourth successful recapitalization during which time sales and earnings have grown over 10X.
https://www.prnewswire.com/news-releases/vmc-group-acquires-fabreeka-holdings-302813382.html
