Marcolin and its European financial partner PAI Partners, together with HVHC, the holding company currently holding Viva International, just announced the signing of an agreement under which Marcolin agrees to acquire Viva International.

The acquisition, which is subject to satisfaction of customary closing conditions, is expected to become effective in the next few months. The purchase price was not disclosed.

According to the information available at this time, both companies expect Viva–s operation in New Jersey to remain with the new organization. Both Marcolin and Viva expect to use their respective facilities.