EVOCA acquires assets of VE Global Solutions
Italy - EVOCA, a manufacturer of professional coffee machines, has acquired the assets of VE Global Solutions (VEGS), a Cleveland-based coffee machine dealer.
Since 2005, VEGS has been the distributor of the professional machines branded Necta, Wittenborg and SGL in the North American market, promoting EVOCA products and offering services to operators for the office coffee service (OCS) sector. EVOCA markets its products through operating affiliates or dealers in more than 100 countries.
The acquisition has been carried out by EVOCA USA, a newly created subsidiary. EVOCA USA will take over all the activities and distribution business of VEGS and will have responsibility for the North American market for the EVOCA Group.
The agreement stipulates that all VEGS staff will be transferred to EVOCA USA and that EVOCA USA will operate from VEGS' current site.
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