Clairfield advises OME on the acquisition of Jungeblodt
OME Srl acquired Jungeblodt GmbH, a producer of fastening systems.
Jungeblodt GmbH is a competitor active in the production of fastening systems for critical applications that had belonged to Jungeblodt family for five generations. Headquartered in Warstein (Germany) Jungeblodt generates more than Euro 30 million in sales with good margins by selling its products both in Germany and abroad, including the U.S. and China.
As part of the deal, the Jungeblodt brothers will reinvest a portion of the proceeds from the sale to help the integration of the two entities and the enhancement of all the people and skills present in the two companies. In aggregate, the group will have nearly 400 employees divided between the OME, acquired by IGI in 2021 from the three brothers Filippo, Diego and Carlo Farina, has been operating for more than 70 years in the production of fastening systems for critical applications especially in the off-shore, marine and power generation sectors, where absolute reliability, product precision along with very stringent production process certifications are required.
OME has achieved significant organic growth since the entry of IGI Private Equity, reaching Euro 50 million in sales with margins above 20% and excellent cash generation. Thanks to this excellent performance, OME’s management team, led by Mr. Andrea Zuccarino, sees the integration with Jungeblodt as an excellent opportunity for external growth, reaching new customers in markets not yet covered, broadening the product range, and expanding the production capacity that the two companies can offer both in terms of quality and volume. The goal of the two companies is to reach Euro 100 million in sales within a few years, while maintaining the extraordinary quality of the products and the ability to serve customers with special products with high technological content.
This transaction will allow the consolidation of the Group in the critical fastening systems segment through the merger of two historical manufacturing companies in the world’s leading countries for machining and first in Europe in steel production,» says Mr. Andrea Zuccarino, CEO of OME.
OME was advised in the transaction by Equita Mid Cap Advisory, partner of Clairfield International, for M&A profiles with Filippo Guicciardi (CEO), Andrea Dubini (Director) and Riccardo Zanasi (Associate).
Industrials
Acquisition
Advisor to the buyer
Services :
Sectors :
Deal team :
Similar transactions
Vip Air Empowerment, a leading Italian manufacturer of axial fan solutions, was sold to Multi-Wing Group A/S, an Altor Equity Partners-backed manufacturer of impellers and axial flow fans for HVAC/R and engine cooling applications.
Industrials
Sale
Advisor to the seller
Tecnoplast, a leading Italian producer of high-end windows and doors in PVC and aluminum, was sold to Dea Capital Sviluppo Sostenibile, an Italian private equity fund focused on ESG investments.
Industrials
Sale
Advisor to the seller
ASO H&P Group, a world leader in chrome plated bars in the hydraulic and pneumatic sectors, signed an agreement with a pool of banks with BNL BNP Paribas as agent bank, UniCredit, Banco BPM, and Banca Ifis for a EUR 23 million loan to support a greenfield investment in India aimed at strengthening the Group’s international presence.
Industrials
EUR 23 million long-term facility
Advisor to ASO H&P Group
UNIKOV Steel spol. s r.o., a manufacturer of garden furniture, was sold to Linatek a.s., backed by the Czech investment group Colibri Capital.
Industrials
Sale
Advisor to the seller
Eurofred, a market leader in HVAC with a European footprint, sold its non-core subsidiary Horeca Global Solutions to TEFCOLD, a leading supplier of foodservice equipment.
Industrials
Advisor to the seller
The Boccacci family sold a majority stake in Fonderia Boccacci to Consilium Private Equity.
Industrials
Sale
Advisor to the seller
Clairfield advised e-Novia Spa on the capital raising, private placement, and listing on the Euronext Growth segment of the Milan Stock Exchange.
Industrials
Capital advisory
Shareholders sold a majority stake in EP Srl, an Italian company that designs, manufactures, and sells lift platforms, to Riello Investimenti. The current shareholders will remain in the company with a minority stake.
Industrials
Sale
Advisor to the seller
Clairfield Finland advised Skanska Group in its divestment of its Finnish asphalt operations to Asfalttikallio Oy.
Industrials
Sale
Advisor to the seller
Caprari Group, specialized in the engineering, manufacturing and distributing of pumping solutions for integrated water cycle management, sold a majority stake to Ambienta SGR, a private equity fund investing in small and medium-sized Italian companies with a focus on sustainability.
Industrials
Sale
Advisor to the sell side
Tollegno 1900 S.p.A. sold its yarn division to Indorama Ventures Public Company Limited (BKK:IVL), a listed company based in Thailand and one of the world’s leading petrochemical producers.
Industrials
Thailand
Sale
Advisor to the seller
Stuart Turner, leading UK supplier of shower pumps for both the domestic and commercial markets, acquired Allan Aqua Systems.
Industrials
Acquisition
Advisor to the buy side
Stuart Turner Ltd, a domestic and commercial pump manufacturer, acquired The Total Water Solutions Company.
Industrials
Acquisition
Advisor to the buyer
Stuart Turner, leading UK supplier of shower pumps for both the domestic and commercial markets, acquired Techflow.
Industrials
Acquisition
Advisor to the buy side
Stuart Turner, leading UK supplier of shower pumps for both the domestic and commercial markets, acquired Walden & Son (Henley) Limited.
Industrials
Acquisition
Advisor to the buy side
Stuart Turner, the leading water pump and pressure solutions business, was sold to the private equity investor Lloyds Development Capital.
Industrials
Sale
Advisor to the seller
Stuart Turner acquired Mikrofill Systems, a leading UK boiler, pressurization, and water heater manufacturer.
Industrials
Acquisition
Advisor to the buyer
Clairfield International in the UK (Orbis Partners) advised the management team of Stuart Turner, a leading manufacturer of pumps and water-boosting products, on its secondary buyout with Epiris.
Industrials
Sale
Advisor to the seller
Blanchon Group, a French wood coatings specialist, accelerated its international expansion with the acquisition of Debal Finance (known by the brand name Ciranova).
Industrials
Acquisition
Advisor to the buyer
Blanchon Group, a French leader in woodcare solutions, acquired the Dutch company Rigo Verffabriek.
Industrials
Acquisition
Advisor to the buyer
