Clairfield advises the Fasolini family on the sale of Vip Air Empowerment Srl to Multi-Wing Group A/S
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.
VIP Air Empowerment, founded in 1985 by the Fasolini family, has established a strong position in the Italian HVAC and axial fan market thanks to constant investments in new technologies and innovative solutions.
Founded in 1938, Multi-Wing is a global market and technology leader in custom-engineered impellers and axial flow fans for HVAC/R and engine cooling applications, with 2022 revenues of EUR 140 million. Headquartered in Denmark, Multi-Wing has a global presence with manufacturing and distribution facilities in North America, Europe, and Asia Pacific. In 2021, Swedish private equity Altor Equity Partners acquired a majority stake in Multi-Wing Group to support the vision of developing Multi-Wing into a world-leading fan solutions provider and technology winner for both HVAC and engine cooling applications.
The transaction underscores Multi-Wing’s commitment to crafting high-performance axial fan solutions. These innovative solutions are aimed at addressing the airflow shaping requirements of global industry-leading customers. Vip Air Empowerment will play a pivotal role in Multi-Wing’s transition to fan solutions. As part of the deal, the Fasolini family will remain actively engaged with the company, further bolstering the growth trajectory that was initiated in recent years.
Clairfield International acted as exclusive financial advisor to Fasolini family.
Industrials
Sale
Advisor to the seller
Services :
Sectors :
Deal team :
Similar transactions
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
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
Stuart Turner acquired Mikrofill Systems, a leading UK boiler, pressurization, and water heater manufacturer.
Industrials
Acquisition
Advisor to the buyer
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, 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, leading UK supplier of shower pumps for both the domestic and commercial markets, acquired Techflow.
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 Allan Aqua Systems.
Industrials
Acquisition
Advisor to the buy side
