Sector Industrial

Sagard, a prominent French private equity firm, entered into exclusive negotiations with Dentressangle, Nordine Mazari and Xavier Frattini to acquire Synov.

ASO H&P Group, a world leader in chrome plated bars in the hydraulic and pneumatic sectors, signed an agreement with a pool of banks with BNL BNP Paribas as agent bank, UniCredit, Banco BPM, and Banca Ifis for a EUR 23 million loan to support a greenfield investment in India aimed at strengthening the Group’s international presence.

Sotralu Group, a European specialist in accessories and closures for aluminium joineries backed by Bridgepoint, acquired the Italian company FR Accessories.

CERAM, a French company specialised in equipment for powders and aggregates, was sold to TMM – Transitube.

Regal Restoration and Consulting, a leading provider of residential re-roofing repair and maintenance services, was sold to Perimeter Roofing.

AAS Automotive s.r.o., a Czech Tier-1 automotive supplier specialising in surface treatment of visible aluminium automobile parts, sold a 100% stake to Decotek Automotive Ltd.

SCI Floor Covering, Inc., a provider of floor covering installation solutions, was sold to Rainier Partners.

The Boccacci family sold a majority stake in Fonderia Boccacci to Consilium Private Equity.

Miura Co., a manufacturer of industrial boilers and related equipment, acquired a 20% stake in Jensen-Group, a manufacturer of heavy-duty laundry machinery, via a share placement of 49% stake in Inax Corp., a manufacturer of business-use laundry machines and full subsidiary of Miura Co.