Transactions - Industrials

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.

Vacheron Industries, a group of three packaging companies, acquired Bpifrance’s stake in Reboul.

The Middleby Corporation, a global leader in the foodservice equipment industry, acquired Josper S.A., a leading manufacturer of charcoal grill and oven cooking equipment for commercial foodservice and residential applications.

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.

Clairfield Spain advised Grupo ADI in its acquisition of Quaternia. Both companies are active in the chemical distribution market and ADI will now have combined sales in excess of €55 mn. ADI is active in the textile sector while Quaternia is active in the personal care, cosmetic and detergent segments.

NPM Capital, the private equity company of the family-owned group SHV, has acquired a 40% interest in Ploeger Oxbo Group, a Dutch manufacturer of agricultural equipment, from the joint holding of Synergia Capital Partners, VDL Participaties, and Bolster Investment Partners.

Hall Contracting, an Australian-based international dredging and civil construction contractor, received an investment from Crescent Capital Partners, a private equity firm.

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.

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.

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.

Group FIMO, an Italian manufacturer and distributor of telecom cable management products backed by the Italian private equity fund IGI SGR, acquired Polyform SA, a French company specializing in camouflage solutions for the telecom industry

Pelliconi & C. spa, one of the leading producer of metal and plastic caps for the beverage industry, acquired a majority stake in Oriental Containers Ltd.

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 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.

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.

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

Thytronic, a family-owned and managed manufacturer of protection, continuity and safety solutions, acquired a majority stake in iGrid.

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.