Transactions - Industrials

Brock Kehrtechnik GmbH, Witten, a leading manufacturer of compact and large truck mounted sweeping-machines and related airport equipment sold 100 % of its shares to Foton Germany, the subsidiary of Beiqi Foton Motor Co. Ltd., Beijing, China.

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.

Tournus Equipment, a French manufacturer of stainless steel equipment for professional kitchens, acquired CED Fabrications, a UK-based commercial-catering equipment manufacturer.

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.

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.

Groupe RG, a leading French specialist in personal protective equipment (PPE), acquired A+A Monferrato. With some 2,300 active customers including major Italian industrial groups, A+A Monferrato (founded in 1960) is one of the leading PPE distributors in Italy.

Executives of ACM took a significant stake alongside Intuitis and BPI France. ACM, founded in 1948, manufactures pressure vessels and heat exchangers for the chemical, oil, nuclear, and health industries. ACM group employs around 100 people at its two Lyon-area plants.

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.

Samiro Group S.p.A. and other minority shareholders sold Ravaglioli Group consisting of Ravaglioli S.p.A., Butler, Sirio, and Space to Dover Corporation (NYSE:DOV). Ravaglioli is an Italian manufacturer of vehicle service equipment.

LIM Group sold a minority stake to CM-CIC Investissement. LIM is the parent company of CWD Sellier and Devoucoux, two prestigious manufacturers of horse saddles.

Skyreach, Australia’s largest privately-owned elevated-work-platform rental company, sold a majority stake to Nishio Rent All Co, a leading provider of elevated work platform and construction equipment rental in Asia.

Raccortubi S.p.A, an Italian company active in the production and distribution of piping materials used primarily in the oil & gas industry, acquired the UK company Norsk Alloys, which supplies specialist pipeline equipment.

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.

Rollon, a world leader in linear motion systems based in Italy, acquired the German company Hegra, which specializes in the production of telescopic and linear guides. The takeover was finalized with the support of Linear Guides BV (controlled by Chequers Capital) and its partner in Rollon IGI SGR.

CMBB, a home renovation company, acquired La Vaillante, a well-established repair-in-kind company in the Lyon region.

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.

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.

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.

Deja is a diversified Mexican family office with investments in real estate, private equity, and the pharmaceutical industry, acquired the interest of AWA Holdings in “Office Fund I”, a private equity fund managed by Tresalia Real Estate to develop high-end office buildings in Mexico City.

Safil S.p.A and Gruppo Tessile Industriale, both Italian-based worsted yarn manufacturers, were sold to Südwolle Group, a global producer of worsted yarn for weaving, circular, and flat knitting in pure wool and wool blends.