Transactions - Industrials

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.

The shareholders of Euro Techniques Industries, a fluid-transfer systems company, sold a minority stake to Modec.

Gradiente SGR Spa and Firme Spa sold Lanificio dell’Olivo, a historic producer of fancy knitting yarns, to the Ethica Global Investments Spa fund.

The owners of Jouka Oy, a Finnish ball-valve manufacturer, sold all shares in the company to Indutrade Oy.  

Groupe Ouvêo, a French manufacturer of windows, acquired the company Seeuws.   

Virginio Cassina, a private investor, through his holding company Virginio Cassina S.r.l., acquired a minority stake of Valetudo, a company specialized in the production and distribution of cosmetic and pharma cosmetic products. 

Incap Corporation acquired ownership of AWS Electronics Group, an electronic manufacturing services (EMS) provider specialized in high complexity services with production facilities in the UK and Slovakia.

SITI B&T Group S.p.a., a specialist for the production of plants for the tile manufacturing industry, acquired Diatex S.p.A., a provider of diamond tools for stone and ceramics processing.

JOST Werke AG, the global market leader in safety critical solutions for commercial vehicles, acquired Ålö AB, one of the world’s leading suppliers for the agricultural machinery industry, from Altor Fund III.

Kingsbury Luxembourg sold a majority stake of Negri Bossi S.p.A., injection moulding machine manufacturer in Italy, to Nissei Plastic Industrial, a Japanese public company engaged in the manufacturing and sale of injection moulding machines and equipment.

Doosan Bobcat Inc. completed its acquisition of the BOB‐CAT Mowers and the Steiner and Ryan brands of ground maintenance equipment from Schiller Grounds Care, Inc.

Mammoet, the leading Dutch heavy lifting and transportation service provider, acquired UK company ALE.

Sterimed, a world leader in the medical packaging sector, completed the acquisition of Especialistas en Esterilizacion y Envase (Grupo EEE), a Mexican-based major player in sterilization packaging and infection prevention solutions.

Precision Motors Deutsche Minebea GmbH, the European subsidiary of  Japanese Minebea Mitsumi Co., Inc., acquired the company Mast Kunststoffe GmbH & Co.KG, subject to the approval of the anti‐trust authorities.

Vdynamics, an engineering-services provider focused on physical and virtual testing of automotive software and electronic control units, and MobileNext, an automotive software developer, were sold to Formel D, a global service provider to the automotive and supply industry, owned by 3i.

Rototech Group, an Italian producer of plastic components made with rotational technology, sold a majority stake to the private equity fund Industry 4.0 (Q Group).

Nova Engineering and Environmental, an industry leader providing environmental consulting, geotechnical engineering, construction materials testing and inspections, and related consulting services, was sold to Watkins Associated Industries.

Lazzerini, a producer of passenger seats and other vehicle components, was sold to B4 Investimenti.

Högfors Oy, a Finnish manufacturer of butterfly valves, sold all outstanding shares to ARI-Armaturen Group, a German industrial company.

Scholze-Lava Consulting GmbH, a specialist in technical equipment and facility management, sold a majority stake to Thost Holding GmbH.