TRANSAÇÕES

The independent private equity firm Mandarin Capital Partners acquired 63.7% of Selematic S.p.A., an Italian company leader in the production of automatic secondary packaging machines for the food, pet food and disposable sectors, from Vertis SGR and the other shareholders.

Ivela, a company active in the production and marketing of lighting fixtures made in Italy, was sold to Star Capital SGR S.p.A., through the holding company Starlight Group, a subsidiary of Star IV Private Equity Fund.

KONEX OCEL s.r.o., one of the leading steel distributors in the Czech Republic, was sold to AC Steel a.s.

Tilgmann Oy Ab sold Nordic Label Oy, the leading label manufacturer in Finland, to Asteria Group, a Belgian label and packaging producer backed by Waterland Private Equity.

Holonite, a leading provider of composite building elements in the Netherlands, owned by Bolster Investment Partners, was sold to BUVA.

Ceradel, a French company specialized in equipment and consumables for ceramics and glass products, was sold to the private equity fund Ciclad.

Automotive company TOMATEX Otrokovice, a.s. was sold to holding company CIDEM Hranice, a.s.

The shareholders of German wireless communications specialist ELTEC Elektronik AG sold the company to Swedish electronics company Westermo Network Technologies AB.

OME Metallurgica Erbese, Stampinox and Hexagonal, comprising OME Group, a leading company in the production of industrial fastening systems, sold a 73% stake to the independent private equity firm IGI Private Equity.

One of the leading players in the tire industry in Norway, RAC Tyres, consisting of Dekk1 and Gummi Centralen, was acquired by Nordic Tyre Group AB (NTG) / Altor.

The shareholders of EDIF S.p.A. sold a majority stake to Megawatt Group, a leading player in the distribution of electrical equipment in southern Italy. Further information here.

Caprari Group, specialized in the engineering, manufacturing and distributing of pumping solutions for integrated water cycle management, sold a majority stake to Ambienta SGR, a private equity fund investing in small and medium-sized Italian companies with a focus on sustainability.

Sicer S.p.A., a world leader in the design, production, and distribution of special chemical products for the glazing and decoration of ceramic tiles, reached an agreement for a 65% sale to Azimut Libera Impresa SGR (ALI), owned by the private equity fund Demos.

REPOLY, a specialist manufacturer of technical & customized compounds in recycled polypropylene, was sold to Infinex, a group of companies focused on plastics processing, in particular extrusion-based processes.

Pyramide MH was sold to Ateliers De France Group.

Gehring Technologies, a precision manufacturer specialized in honing technology, agreed to be acquired by the Nagel Group. Further information here.

Omav S.p.A., a supplier of aluminium extrusion lines, sold its remaining 75% of the share capital still owned by the previous shareholders to SMS Group.

Stala, a Finnish family-founded company specializing in kitchen products, was sold to PE-backed Slovenian production company Kovinolastika Loz.

VOMM, a leading Italian producer of industrial plants for the environmental, chemical‐pharmaceutical, and food sectors, sold a controlling stake (65%) to Aksia Group’s Aksia V fund.

The shareholders of Vittoria Group, a world leader and innovator among the manufacturers of high‐quality bicycle tires, sold their 100% stake to Wise Equity.

Oxicorte Gatika, an oxy-fuel steel cutting company, was sold to Grupo Larrión, an integrated industrial group that works in the wire, steel, and electronic subsectors.

IGI Private Equity and management sold 100% of Fimo Group, the European leader in components and systems applied in telecommunications infrastructure, to Wise Equity, a PE fund that has been investing in Italian SMEs since 2000.

Emballage Industrie Concept (EIC), a French company specializing in the sourcing and sale of film packaging, was sold to BBA Emballages.

Eleda Group, an infrastructure services group, sold KEWAB, an infrastructure logistics services company, to a consortium of management and group of investors.

Eleda Group, an infrastructure services group, was sold to Altor Equity Partners.

CEI Costruzione Emiliana Ingranaggi S.p.A., specialized in the production and commercialization of spare parts and components for industrial vehicles, sold a majority stake to Alto Partners SGR, a private equity fund investing in small and medium-sized Italian companies.

Gradiente SGR Spa and Firme Spa sold Lanificio dell’Olivo, a historic producer of fancy knitting yarns, to the Ethica Global Investments Spa fund.

Rototech Group, an Italian producer of plastic components made with rotational technology, sold a majority stake to the private equity fund Industry 4.0 (Q Group). Read more about the deal here.

Vdynamics, an engineering-services provider focused on physical and virtual testing of automotive software and electronic control units, and MobileNext, an automotive software developer, were sold to Formel D, a global service provider to the automotive and supply industry, owned by 3i. Read more about the deal here.

Lazzerini, a producer of passenger seats and other vehicle components, was sold to B4 Investimenti.

Scholze-Lava Consulting GmbH, a specialist in technical equipment and facility management, sold a majority stake to Thost Holding GmbH.

Högfors Oy, a Finnish manufacturer of butterfly valves, sold all outstanding shares to ARI-Armaturen Group, a German industrial company. Read more about the deal here.

Capsa Container, a French privately-owned industrial company, was sold to Dreyer.  Founded in 2013, Capsa Container specializes in container transformation.

Read more about the deal here.

Tire distribution companies Gummigrossen i Örnsköldsvik AB and RengasDuo OY, sold a majority stake to Altor Fund IV. Gummigrossen and RengasDuo are the market leaders among the manufacturer-independent tire distributors in Sweden and Finland respectively.

Read more about the deal here.

Normek, a manufacturer and installer of high-quality steel structures, was sold to Donges Group, a portfolio company of Mutares.

Read more about the deal here.

Star Capital SGR S.p.A. and the minority shareholders sold a majority stake of Gia S.p.A., an Italian producer of fixing solutions for the ITS industry, to Ethica Global Investments S.p.A.

Farina Presse S.p.a., an Italian manufacturer of presses and hot steel forging lines, was acquired by Schuler AG, a subsidiary of Andritz Group.

Industria Cartaria Pieretti S.p.A., Italian company active in the production of recycled paper and cardboard for industrial use, sold 80% of its share capital to Cartiera dell’Adda S.r.l.

Moonen Packaging, a renowned and fast-growing family business that provides sustainable packaging, was sold to Opti Group (pending approval of the ACM).

Vacheron Industries, a French leader in the design and production of high-quality metal components, metal and plastic sub-assemblies, sold its next generation lipstick subsidiary Reboul, an established player in prestige beauty packaging, to Aptar.

Sangamo, a control and switch company,  was sold to Tamworth-based lighting, wiring accessories, and security products supplier, Scolmore Group.

The Finnish state sold its 85% share in Raskone Ltd, while Governia sold the remaining 15%, to Lease Deal Group Plc., a Finnish conglomerate.

FMT Holding, a market-leading Swedish manufacturer of passenger handling and operational support systems for airports and seaports, sold its Aircraft Gate Support Systems division to the German-listed company thyssenkrupp for an undisclosed amount.

Wermland Mechanics, a Swedish manufacturer of sheet metal components, was sold to HANZA, a growing industrial business partner in manufacturing.

Sjølund A/S, a metal processing specialist, sold a majority stake to Deutsche Beteiligungs (DBAG), a leading private equity firm in Germany, as part of an MBO.

HASAP Group sold Batimob to Louis Beyer and Jean-Marc Gras, who were backed by Invest PME. Batimob specializes in woodwork and design of interiors for movie theaters, public administration buildings, and residential and consumer spaces.

Intera Partners,  a Finnish growth-oriented private equity firm, sold its majority shareholding in Tamtron (with the holding name Scaleable Solutions Holding Oy), an internationally operating industrial weighing solutions provider based in Finland, to a private investor.

Groupe SAFIR, a designer and manufacturer of custom-made doors and gates, backed by the private equity funds Alliance Entreprendre, CM-CIC Investissement and CM-CIC Capital Privé, was sold to ACCEDIA.

CPM Group, a market leader in pre-cast concrete products, was sold to Marshalls plc, a UK-listed construction and building products supplier.

ADB Safegate, a leader in global airport performance solutions, was sold by PAI Partners to The Carlyle Group, alongside managers. Clairfield International acted as financial advisor to ADB Safegate’s management team.

The private owners of Spitznas, a developer, manufacturer and distributor of pneumatic and hydraulic power tools and spare parts for pumps and motors, divested the company to an investment vehicle managed by ARCUS Capital AG.

The private owners of Transtools, a wholesaler of hand-operated tools, divested the company to an investment vehicle managed by ARCUS Capital AG. Clairfield International Germany acted as exclusive financial advisor to the owners.

Stuart Turner, the leading water pump and pressure solutions business, was sold to the private equity investor Lloyds Development Capital.

Plascoat Systems, a leading thermoplastic powder coating manufacturer, was sold by International Process Technologies to Axalta Coating Systems, an international performance and transportation coatings manufacturer.

TCA Lift A/S, a Denmark-based company that designs and markets spider lifts, and compact and flexible aerial work platforms used both indoors and outdoors, sold a 65% stake to Generationsskifte Invest A/S, a Danish private-equity firm.

The IOW Group of companies, a leading distributor and service provider of mobile drivetrain systems, hydraulics, cooling systems, and filter technologies in Central and Eastern Europe, sold a majority stake to Axel Johnson International, a privately owned Swedish industrial group of more than 90 companies.

TSA Group, manufacturer of stainless equipment mainly for the food industry,  was sold to a new manager supported by three private equity funds: Capital Grand Est, Agro Invest and Caisse d’Epargne Alsace Capital Développement.

Ersel Asset Management and the founders of the company sold the Sicme Motori to Orange1 Holding. Sicme Motori S.r.l. manufactures variable speed AC and DC motors and is one of the few players in the Italian market with advanced technological solutions for a large range of industrial applications.

ATOP, a world leader in the manufacturing of automatic lines for the production of electric motors for various industrial and automotive applications including e-mobility, was sold to Charme Capital Partners SGR S.p.A. and IMA S.p.A.

A majority stake in Kuznia Ostrow Wielkopolski (KOW), a forge specializing in close-die and open-die forgings for the railway, construction and agricultural sectors, was sold to MSV Metal Studenka s.r.o., a portfolio company of Czech private-equity fund JET Investment.

Cristin Electro Erosion (CEE), a company specialized in high-precision technical parts for the aeronautics sector, was sold to Comptoir Général du Ressort (CGR). CGR,  specializing in cold forming spring manufacturing, is a privately-owned group with over EUR 160 million in sales.

The House of Fuerstenberg sold its subsidiary Holzindustrie Fürst zu Fürstenberg (wooden packaging business unit) to Industrial European Wood Products Holding GmbH. Holzindustrie Fürst zu Fürstenberg has been operating for some 100 years, evolving from a saw mill to an important manufacturer of wooden packaging for the automotive industry.

MEngineering GmbH, Ravensburg, a leading German provider of specialized engineering services to the automotive industry, sold 100% of its shares to Alten GmbH, a subsidiary of French-listed Alten SA.

Mattout Carrelage, a distributor of floor tiles, was sold to Richardson, a family company focused on plumbing and heating installations with sales of EUR 500 million.

FIAC S.p.A., an Italian manufacturer of piston compressors and related equipment, was sold by the Lucchi family to Atlas Copco, a global provider of sustainable productivity solutions. Founded in 1977, FIAC has production sites in Italy, China, and Brazil, and sells into more than 110 countries.

MBO Partenaires and private investors sold their shares in Storm Elec Group, a company specializing in the design, manufacture, and B2B distribution of electrical boxes and automation solutions for both the swimming-pool and photovoltaic markets.

Private equity firm SOBRO sold Nordomatic to Adelis Equity. Nordomatic is the leading independent provider of energy-efficient smart building solutions to property owners and general contractors with offices throughout Sweden.

Schneider Druckluft, a premium specialist in compressed air systems, was sold to Atlas Copco, a world-leading provider of sustainable productivity solutions. Schneider Druckluft is based in in Germany with offices in the Czech Republic and Slovakia.

The founder and shareholders of RBB Group (SRB & Gravaloire Recyclage) sold a majority stake to Naxicap Partners and Garibaldi Participations. RBB Group specializes in the collection, recycling, and recovery of concrete columns mainly from infrastructure networks.

Profimo, a metals profile manufacturer, along with ScoverPlus, a rainwater gutter company owned by Profimo, were sold to Imerys Toiture, a leader in mineral-based specialty solutions for industry. Profimo products are distributed under the brands Aquaz and Fazer through wholesale and DIY stores.

Profilmar, a specialist in accessories and profiles for rolling shutters, was sold to Zurfluh Felle, the European leader in the design and manufacture of system components for shutters and the outer closure of buildings.

Nergeco, the leader in the production and distribution of automatic flexible doors in France, sold 87.77% of its shares to Assa Abloy, the Swedish-listed lock manufacturer.

Lomond Invest divested Lomond Industrier, a supplier of a broad range of construction consumables and builders’ hardware products to Volati, a Swedish industrial group specializing in acquisitions of mature and middle-market companies.

Toutelec, engaged in the trading and maintenance of electric motors for heavy industry, was sold to a management team led by Michel Gayte and Maxime Vial.

Danish Crane Building, a manufacturer of cranes serving various industries, sold shares to SE Blue Equity, an independent private equity firm based in Denmark.

Nefab Packaging AB, a provider of packaging solutions to industrial groups in 35 countries, completed a co-ownership deal through a new share issue, corresponding to a 50% stake sold to FAM AB, a private equity firm.

Coquelle, a transport Company, raised funds from Siparex and Finorpa to complete financing of the acquisition of Trafilogic, a freight forwarder.

Adaero Precision Components Limited, a specialized manufacturer of high-precision components for the medical, optical, defense, laser and hydraulic industries, was sold to Indutrade, a Swedish industrial group.

OneExpress Spa, an Italian company specializing in express delivery transport of palletized freight, sold a minority stake to 20 members of its company.

Raccortubi S.p.A, a producer of piping materials used mainly in the oil & gas industry, sold a minority stake to Synergo, the Italian private equity fund.

Automa S.p.A sold its service division to AMS, a company that supplies technical service and spare parts for automated packaging and blow-molding machines.

Automa S.p.A. sold its extrusion blow-moulding machine activity to OverEngineering.

Automa S.p.A. sold its injection-stretch blow-molding machine activity to SIPA.

Lift & Engineering Services Limited, one of the leading independent lift service providers in the UK, was acquired by ThyssenKrupp.

Star Capital SGR S.p.A, an Italian private equity firm, sold Vetriceramici S.p.A to Ferro Corporation, a leading global supplier of technology-based performance materials.

Paroc Group Oy AB, a Finnish insulation producer, was sold to CVC Capital Partners Limited, a UK-based private equity firm.

Mediaflex Cliches, active in the flexography industry, sold its activities to Chemence, a specialty chemical company.

Suominen Corporation divested its flexible packaging division to Lonsdale Capital Partners along with new and existing management.

Private investors in Israel sold 100% of their shares in Drorys Group, one of the leading manufacturers of self-adhesive labels for the food & beverage industry, to the company’s managers.

Deritend Industries, a leading UK provider of engineering asset management, maintenance, and repair solutions, sold its subsidiary Preformed Windings Ltd, a manufacturer of high-voltage coils for electric motors and generators, to Clyde Blowers Capital.

DEI Srl, a wholesale distributor of electric materials for civil and industrial use, sold 100% of its shares to ELFI spa.

Vigor Kristiansund, a Norwegian manufacturer of components for the subsea sector, was sold to Sub Sea Services which designs and manufactures niche products for the subsea drilling industry worldwide.

Clairfield International France advised the shareholders of EDOM, a turnkey contractor specialized in maintenance services for hydroelectric sites on the sale of their shares to Maser Engineering.

Norwind completed the divestiture of 100% of its subsidiary Ronson Plastics s.r.o, to Gumotex, a manufacturer of rubber-coating technology and polyurethane-based foam products for the automotive industry.

Sontay, a UK market leader for the manufacture and supply of building measurement and control peripherals, completed a share buyback structure.

Korus, an interior design and construction services firm, was acquired by Super Build, a general contractor based in Paris with expertise in interior design for commercial and industrial buildings.