Clairfield advises Sicame on the acquisition of UK company Boddingtons Electrical Limited
Sicame, world leader in accessories and services related to the transport and distribution of electrical energy, acquired a majority stake in the British company Boddingtons Electrical Limited.
Founded over 60 years ago, Sicame is specialized in the design and manufacture of equipment for electricity transmission and distribution networks, street lighting, telecommunications, and industrial applications. The Group is backed by the leading midmarket private equity firm Equistone.
Created in 1999 and located in Braintree (60 kms to the northeast of London), Boddingtons Electrical is specialized in designing and producing a complete range of insulated tools for utilities and industrial applications, as well as for the new market of electrical vehicle maintenance.
For Sicame, this acquisition will make it possible to increase the production and innovation capacity of its range of insulated tools essential to the operation of electrical facilities.
Christian de Charentenay