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Happ Controls and Suzo International Merge
Pfingsten Partners has announced the merger of Happ Controls and Suzo International to create a combined company which will be a global leader in the manufacture and distribution of gaming and amusement parts and accessories, with nearly 400 employees in 12 locations serving customers in over 70 countries. Pfingsten Partners is the majority shareholder. Both companies will continue to do business under their original names. In North America, the organisation will trade as Happ Controls, under the leadership of President Tom Happ, and Suzo International will be responsible for the international operations under its current Chief Executive Officer, Patrick Suverein. Jim Norton of Pfingsten Partners will remain as Chairman of the combined companies. "This is a strong strategic move for both companies," said Tom Happ. "We will have the ability to broaden our product lines, streamline our global distribution capabilities and create value added solutions for our increased customer base." Patrick Suverein said, "We couldn't be more excited about this opportunity to add resources to our organisation, providing better service to customers and a world-class platform for research and development activity."
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