On March 22nd, an affiliate of Lone Star Funds completed the acquisition of N&W Global Vending Spa, previously owned by a pool of private equity funds formed by Investcorp Investment Holdings and Equistone Partners Europe. 

The current management team will remain on board after the change of ownership, ensuring continuity in the group’s strategy. The new owners intend to enhance the market leading position of N&W, by supporting the Company’s development through selective growth initiatives: by extending the range of products in complementary technological segments and by geographical expansion.

Andrea Zocchi, CEO of N&W Global Vending, commented: “I look forward to working with the new owners, as Lone Star will be a strong partner to work with over the next stage of N&W’s growth.”