Transactions - Industrials

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.

Olivotto Glass Technologies S.p.A., an Italian company active in the design, engineering, and sale of machines and plants for the manufacturing of hollow glass items, was sold to the Chinese listed group China Glass Holdings Limited (HK:3300).

Farina Presse S.p.a., an Italian manufacturer of presses and hot steel forging lines, was acquired by Schuler AG, a subsidiary of Andritz Group.

AD Plastik Group, the largest Croatian manufacturer of plastic components for the automotive industry, acquired 100% ownership of Tisza Automotive Kft., a Hungarian auto parts supplier.

Industria Cartaria Pieretti S.p.A., Italian company active in the production of recycled paper and cardboard for industrial use, sold 80% of its share capital to Cartiera dell’Adda S.r.l.

EDIF S.p.A, a wholesaler of electrical products, sold its Puglia-based Business Unit to Sonepar Italia S.p.A.