| June
1, 2006 –
HAPP is
pleased to announce the acquisition of the Mazzco, a
major parts distribution company within the Amusement,
Vending, Billiard, Gaming and Industrial industries
since 1984. The combined company is the global leader
in the manufacture and distribution of amusement and
gaming parts and accessories, with nearly 400 employees
in 14 locations serving customers in over 80 countries.
Pfingsten Partners is the majority shareholder.
“This
is a another strategic move which will enhance our
global leadership position in the Amusement and Gaming
parts and accessories market," says Jim Norton,
Managing Director of Pfingsten Partners and Chairman
of Suzo-Happ Group. “The continued investment
in our business is further evidence of our commitment
to exceeding our customers expectations by providing
value added solutions to the marketplace,” added
Tom Happ, President of HAPP North America.
“Our
success is the result of being responsive to the needs
of our customers”, noted Dan Lieberman, President
of Mazzco. “Joining the Suzo-Happ Group will
enable Mazzco to continue serving our customers with
additional resources provided by their worldwide manufacturing,
distribution and service organization”. |
