Transactions - Industrials

Sicer S.p.A., a world leader in the design, production, and distribution of special chemical products for the glazing and decoration of ceramic tiles, reached an agreement for a 65% sale to Azimut Libera Impresa SGR (ALI), owned by the private equity fund Demos.

Gas Applications & Services, a gas detection specialist, was sold to Alertis, the market leader in the Belgian fire safety and security market.

REPOLY, a specialist manufacturer of technical & customized compounds in recycled polypropylene, was sold to Infinex, a group of companies focused on plastics processing, in particular extrusion-based processes.

Pyramide MH was sold to Ateliers De France Group.

Bard Capital sold Blastrac to Husqvarna Group. Blastrac is a leading international manufacturer and distributor of industrial equipment for surface preparation. ​

Gehring Technologies, a precision manufacturer specialized in honing technology, agreed to be acquired by the Nagel Group.

Omav S.p.A., a supplier of aluminium extrusion lines, sold its remaining 75% of the share capital still owned by the previous shareholders to SMS Group.

VOMM, a leading Italian producer of industrial plants for the environmental, chemical‐pharmaceutical, and food sectors, sold a controlling stake (65%) to Aksia Group’s Aksia V fund.

Aussie Traveller, seller of RV components and accessories to OEM, trade and retail customers, was acquired by midmarket investment firm Seneca Capital.

The shareholders of Vittoria Group, a world leader and innovator among the manufacturers of high‐quality bicycle tires, sold their 100% stake to Wise Equity.

Oxicorte Gatika, an oxy-fuel steel cutting company, was sold to Grupo Larrión, an integrated industrial group that works in the wire, steel, and electronic subsectors.

IGI Private Equity and management sold 100% of Fimo Group, the European leader in components and systems applied in telecommunications infrastructure, to Wise Equity, a PE fund that has been investing in Italian SMEs since 2000.

K Finance (Clairfield Italy) and The European House – Ambrosetti acted as financial advisors to SITI B&T Group in structuring a long-term facility of EUR 30 million provided by a pool of three banks, Banco BPM, UniCredit and Cassa Depositi e Prestiti.

Eleda Group, an infrastructure services group, was sold to Altor Equity Partners.

Eleda Group, an infrastructure services group, acquired ONE Nordic, Sweden’s leading suppliers of technical services in electricity transmission infrastructure.

Eleda Group, an infrastructure services group, acquired JWAB, a civil engineering and transmission infrastructure company.

Eleda Group, an infrastructure services group, sold KEWAB, an infrastructure logistics services company, to a consortium of management and group of investors.

Emballage Industrie Concept (EIC), a French company specializing in the sourcing and sale of film packaging, was sold to BBA Emballages.

Vossloh AG completed the sale of its Locomotives business unit, to CRRC Zhuzhou Locomotive Co., Ltd., Zhuzhou, China (CRRC ZELC), a subsidiary of the China Railway Rolling Stock Corporation Ltd. (CRRC). CRRC is the largest rolling stock manufacturer in the world.

CEI Costruzione Emiliana Ingranaggi S.p.A., specialized in the production and commercialization of spare parts and components for industrial vehicles, sold a majority stake to Alto Partners SGR, a private equity fund investing in small and medium-sized Italian companies.