Transactions - Industrials

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.

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.

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.

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.

Ammeraal Beltech, major global player in the market for process and transport belts, was acquired in a SBO by American private equity firm Advent International.

LFD Group took over I.S.O. Roulements, a French specialist in the distribution of bearings, following a winding-up procedure filed at the Nanterre Commercial Court. LFD Group, based in Germany, is a European leader in the production and distribution of rolling bearings.

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.

Stuart Turner, leading UK supplier of shower pumps for both the domestic and commercial markets, acquired Allan Aqua Systems.

Clothing+, a wearable-technology company, was sold to Jabil, the third-largest electronics manufacturing service supplier in the world.