Transactions - Industrials

Suominen Corporation divested its flexible packaging division to Lonsdale Capital Partners along with new and existing management.

TT Electronics, the UK’s leading manufacturer in the transportation, industrial, aerospace, defense, and medical markets, acquired Roxspur, the UK’s largest instrumentation manufacturer.

Sopragglo, a French manufacturer of concrete products,  acquired CAM.

Management, with support form Viveris Management and BPI France, acquired DPIA. DPIA manufactures, refurbishes, and distributes OEM parts, such as leaf springs and u-bolts, for industrial vehicles from its four locations in France.

Private investors in Israel sold 100% of their shares in Drorys Group, one of the leading manufacturers of self-adhesive labels for the food & beverage industry, to the company’s managers.

Deritend Industries, a leading UK provider of engineering asset management, maintenance, and repair solutions, sold its subsidiary Preformed Windings Ltd, a manufacturer of high-voltage coils for electric motors and generators, to Clyde Blowers Capital.

An MBO was completed for Macro Art, one of the UK’s leading wide-format digital printers focusing on the retail, event, and exhibition markets.

IMR, a manufacturer of exterior parts for the automotive industry acquired FPK, a company active in the design and manufacture of  lightweight structures and aerodynamic components.

Impack, an investment group, acquired OTICR, a printed-packaging company.

DEI Srl, a wholesale distributor of electric materials for civil and industrial use, sold 100% of its shares to ELFI spa.

Otera Elektro was sold by Otera Group to Bravida, Scandinavia’s leading supplier of technical installation and service solutions.  It is one of the largest pure play electrical installation and service companies in the Norwegian market.

Vigor Kristiansund, a Norwegian manufacturer of components for the subsea sector, was sold to Sub Sea Services which designs and manufactures niche products for the subsea drilling industry worldwide.

East Coast Traffic Control, a provider of traffic control services, labor hire, and equipment to civil construction companies and government departments, was acquired by TeamInvest Private, the private equity arm of TeamInvest, an investment firm whose members own or control approximately AUD 1 billion in invested funds.

Clairfield International France advised the shareholders of EDOM, a turnkey contractor specialized in maintenance services for hydroelectric sites on the sale of their shares to Maser Engineering.

TFP Engineering, a specialist in maintenance of mining equipment, was sold to Haynes Group, a division of Sime Darby Berhad.

ADB Airfield Solutions, the world leader in airfield lighting for international and regional airports, military bases, and heliports, acquired Lucebit Group and Erni.

IMR Automotive S.p.A, a manufacturer of exterior parts for the automotive and truck industry, acquired Sommer Indusrielackierung GmbH.

Sontay, a UK market leader for the manufacture and supply of building measurement and control peripherals, completed a share buyback structure.

Korus, an interior design and construction services firm, was acquired by Super Build, a general contractor based in Paris with expertise in interior design for commercial and industrial buildings.

Clairfield rendered a fairness opinion on parity of shares in a merger for AQUA, the leading designer of civil engineering projects specializing in wastewater treatment and water pipelines.