Transactions - Industrials

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.

RADMS, the holding company that owns Premier Paper Group, was sold to Japan Pulp and Paper Company Limited (JPP) in a multi‐million‐pound crossborder sale.

Clairfield advised the management of friedola TECH GmbH (“con‐pearl”), a plastics company, on management incentive schemes and process issues during its sale to Blue Cap AG, a German‐listed industrial holding company. The company was sold by Kleiner Perkins and Silverlake, two US private equity and venture capital investors focusing on technology investing.

Sacchi, owned by the French Sonepar Group and market leader in the distribution of electrical equipment, acquired Demo S.p.A., a company of primary importance in the sector, mainly present in Piedmont and Liguria.

Tire distribution companies Gummigrossen i Örnsköldsvik AB and RengasDuo OY, sold a majority stake to Altor Fund IV. Gummigrossen and RengasDuo are the market leaders among the manufacturer-independent tire distributors in Sweden and Finland respectively.

The Merit Distribution Group, the leading distributor of paint sundries and flooring products and installation supplies in the US, was sold to Center Rock Capital Partners.

Beck & Pollitzer, an international industrial-services provider from Great Britain, acquired the German assembly-services company montagen plus and its wholly-owned subsidiary montageprofis.

Normek, a manufacturer and installer of high-quality steel structures, was sold to Donges Group, a portfolio company of Mutares.

CMR, a supplier of electronic control and measurement systems, acquired the Swiss company Costronic. CMR is backed by prominent private equity firms LBO France and Cathay Capital.

Lexington Manufacturing, a leading provider of engineered components to window and door OEMs in the United States and internationally, was sold to Watkins Associated Industries.

Star Capital SGR S.p.A. and the minority shareholders sold a majority stake of Gia S.p.A., an Italian producer of fixing solutions for the ITS industry, to Ethica Global Investments S.p.A.

Group FIMO, an Italian manufacturer and distributor of telecom cable management products, acquired DCE, an Italian company specialized in systems and wiring for the telecommunication industry.