Transactions - Industrials

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.

Ital Express, leading independent French supplier of spare parts for trucks, trailers, Light Commercial Vehicles (LCVs), and agricultural tractors, and majority-owned by the private equity fund Capza, acquired DPM-Motis.

Optoplast S.p.A., a manufacturer of fibre optic connectors and cables for the telecom & broadcasting industries, sold a 70% stake to Star Capital S.G.R. S.p.A., through the Star IV Private Equity Fund. The founding shareholders retained a 30% stake in the company.

Tractebel Engineering SA sold GKW Consult GmbH, a top international consultantcy for environmental engineering and donor-financed infrastructure projects, to GFA Holding AG, a leading European consulting firm active in international cooperation.

Shareholders sold a majority stake in EP Srl, an Italian company that designs, manufactures, and sells lift platforms, to Riello Investimenti. The current shareholders will remain in the company with a minority stake.

UK-based Premier Paper Group (part of OVOL Japan Pulp & Paper Co. Ltd.)  acquired Dublin-based GPMI.

Clairfield advised e-Novia Spa on the capital raising, private placement, and listing on the Euronext Growth segment of the Milan Stock Exchange.

Bhuruka Gases Limited, an Indian supplier of specialty, rare, industrials and liquid gas products owned by the Agarwal family, entered into a strategic partnership with SOL S.p.A, based in Italy.

Mammoet, the international market leader in heavy lifting & transport, divested Conbit, a specialist in complex lifting and engineering, through a management buy-out.

Clairfield successfully advised the shareholders of Isolabel, a Belgium-based franchisee of Belisol, on a shareholder transitioning and partial sale.

UK-based Premier Paper Group acquired speciality packaging and retail display company WBC.

Tollegno 1900 S.p.A. sold its yarn division to Indorama Ventures Public Company Limited (BKK:IVL), a listed company based in Thailand and one of the world’s leading petrochemical producers.

Kestrel Aluminium Systems Limited and Kestrel Powder Coating Limited (together “Kestrel”) was sold to Schueco UK Limited.

Nortrafo, a Norwegian producer of distribution transformers, sold a majority stake to Stedi, a fund backed by Salvesen & Thams (S&T).

Third-generation family shareholders of Salice SpA (“Salice” and, together with its subsidiaries, the “Group”), Francesca, Massimo and Sergio Salice, sold a majority stake in the Group to Cobepa S.A., a Belgian investment company backed by large entrepreneurial European families.

The shareholders of G.F. S.r.l. (“GF Garden”), an historical manufacturer of garden equipment in Italy, sold 100% of the share capital to EXEL Industries, the French listed global leader in spraying solutions.

Krenek Forest Service, an exclusive distributor of Ponsse forest machines in the Czech Republic was sold to Ponsse, the Finnish forest machines producer, who is also a main business partner of the company.