Transactions - Industrials

BSE Maritime Solutions, a ship repair provider, was sold to Austal Limited.

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.

Fixcel Group Oy, a Finnish manufacturer of movable steel‐based modular buildings, raised a new EUR 7 million senior debt funding package.

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.

Stala, a Finnish family-founded company specializing in kitchen products, was sold to PE-backed Slovenian production company Kovinolastika Loz.

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.

Mutares, a Frankfurt‐listed private equity investor, acquired Nordic Road Services Oy, a leading provider of road services in Finland.

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.

Wibax AB, through Wibax Logistics Oy, signed an agreement to acquire 100% of the shares in Baltic Tank Oy, a leading Finnish company engaged in storing and handling of liquid chemical products and bio‐oils.

Terra Patris Oy, a Finnish industrial group, renegotiated its EUR 40 million debt portfolio and secured additional debt financing.

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.