January 14, 2019 / 8:37 AM / 4 months ago

Italy's Investindustrial buys hot tubs maker Jacuzzi

MILAN, Jan 14 (Reuters) - Italian private equity firm Investindustrial said on Monday it had signed deal to buy premium hot tubs maker Jacuzzi and other brands of spa and bathroom products from a number of investment funds including Apollo.

The financial terms of the deal, which is expected to be finalised by the end of March, were not disclosed.

Reporting by Francesca Landini and Massimo Gaia, editing by Valentina Za

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