Transactions - Industrials

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.

RS Service, a company active in the design, construction and maintenance of electrical and mechanical systems, was sold to CVA Group (Compagna Valdostana delle Acque), a leading operator in the green energy sector and the only integrated producer operating exclusively on renewable sources, through its vehicle CVA Smart Energy.

Epta S.p.A., a global player in commercial refrigeration, strengthens its presence in the north of Germany with the acquisition of refrigeration activities from HEIFO GmbH & Co. KG.

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.

Rosa Sistemi SpA, an Italian company that designs and manufactures roller guideways, linear bearings, customized linear systems and actuators, commercialized ball guideways and precision ball screws, was sold to the Timken Company (NYSE: TKR), a global leader in bearings and industrial motion.

Plastmet Srl, an Italian company specialising in metallisation and industrial painting, was sold to VMC Mottini, a specialist in luxury packaging decoration services, backed by Ethica Global Investment, an Italian investment holding company focused on small and mid-cap Italian companies.

Sagard, a prominent French private equity firm, entered into exclusive negotiations with Dentressangle, Nordine Mazari and Xavier Frattini to acquire Synov.

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.

National Boiler Service, Inc., a leading national provider of maintenance and repair services to industrial boiler systems across the United States, was sold to to Plexus Capital.

Sotralu Group, a European specialist in accessories and closures for aluminium joineries backed by Bridgepoint, acquired the Italian company FR Accessories.

CERAM, a French company specialised in equipment for powders and aggregates, was sold to TMM – Transitube.

Regal Restoration and Consulting, a leading provider of residential re-roofing repair and maintenance services, was sold to Perimeter Roofing.

AAS Automotive s.r.o., a Czech Tier-1 automotive supplier specialising in surface treatment of visible aluminium automobile parts, sold a 100% stake to Decotek Automotive Ltd.

Elcoline received investment from Elite Alfred Berg Private Equity.

SCI Floor Covering, Inc., a provider of floor covering installation solutions, was sold to Rainier Partners.

The Boccacci family sold a majority stake in Fonderia Boccacci to Consilium Private Equity.

Miura Co., a manufacturer of industrial boilers and related equipment, acquired a 20% stake in Jensen-Group, a manufacturer of heavy-duty laundry machinery, via a share placement of 49% stake in Inax Corp., a manufacturer of business-use laundry machines and full subsidiary of Miura Co.

Ital Express, leading independent French supplier of spare parts for trucks, trailers, Light Commercial Vehicles (LCVs), and agricultural tractors, and majority-owned by the private equity fund Capza, acquired DPM-Motis.

Optoplast S.p.A., a manufacturer of fibre optic connectors and cables for the telecom & broadcasting industries, sold a 70% stake to Star Capital S.G.R. S.p.A., through the Star IV Private Equity Fund. The founding shareholders retained a 30% stake in the company.

Clairfield advised Vihtan and its owners on the sale of the company to Swedish compounder investor Rebellion Capital.