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President & Chief Executive Officer, Viren Joshi, will retire following 8 years of dedicated service and outstanding leadership. Vagner Finelli will become Sigma’s new President & Chief Executive Officer.

Theobroma transaction secures critical security software technology and strengthens Cherry’s position as a leading provider of high-security peripheral infrastructure.

NEW YORK, Sept. 30, 2020 - Argand Partners, LP (“Argand”), the New York- and San Francisco Bay Area-based private equity firm, today announced that it has completed the acquisition of Cherry GmbH (“Cherry”). Argand acquires market-leading specialty manufacturing and business services companies with sustainable competitive advantages and strong growth potential.