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Suzo International has acquired Sadectronic of Madrid. Sadectronic is a parts-distribution company involved in the gaming and industrial markets.
The combined company will be one of the leaders in the manufacture and distribution of amusement and gaming parts and accessories, with over 400 employees in 15 locations serving customers in over 80 countries. Pfingsten Partners is the majority shareholder. Sadectronic will change its name to Suzo Technical Components España.
“Broadening our distribution capability in southern Europe, while having a local presence in the Spanish market, was a key strategic move for the business,” said Jim Norton, Managing Director of Pfingsten Partners and Chairman of Suzo-Happ Group.
Marcel Oelen, Managing Director of Suzo International, added, “Our Madrid-based organisation is centrally located to meet the needs of the entire Spanish market. The Madridbased employees are a talented team of professionals with excellent technical skills.”
“The Spanish market has unique product requirements which the Suzo-Happ Group will be able to supply in Spain,” noted Pedro Garcia, Managing Director of Sadectronic. “Joining the Suzo-Happ Group will enable Sadectronic to access the additional resources provided by their global manufacturing, distribution and service organisation,” he added.
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