PE Tech Report

Manufacturing

Nautic Partners sells Spartech to The Jordan Company

Nautic Partners has sold portfolio company Spartech LLC to The Jordan Company (TJC). Nautic Partners will remain a minority shareholder. Headquartered in Maryland Heights, MO, Spartech is a leading custom manufacturer of specialised acrylics and other engineered extruded plastics used in a variety of applications and end markets including healthcare,

EQT Private Equity to sell StormGeo to Alfa Laval

The EQT Mid Market fund (EQT Private Equity) has agreed to sell StormGeo Holding AS (StormGeo) to Alfa Laval AB (Alfa Laval), a specialist in heat transfer, centrifugal separation and fluid handling. The transaction price amounts to NOK3,630 million. StormGeo was founded in 1997 in Bergen, Norway, as a spin-off

KPS Capital Partners to acquire Metra Holdings SpA and Metra SpA

KPS Capital Partners, LP (KPS) has signed a definitive agreement to acquire Metra Holding SpA and Metra SpA, (collectively Metra), a global manufacturer of extruded aluminum.   The selling shareholders will retain 25 per cent ownership of the company. Upon completion of the transaction, Metra will become the fourth acquisition

Haniel to sell its business unit ELG to Luxembourg-based steel producer Aperam

Franz Haniel & Cie GmbH (Haniel) continues with its portfolio transformation and has signed a Share Purchase Agreement with Luxembourg-based Aperam SA (Aperam) to sell ELG Haniel GmbH (ELG).   ELG will be acquired as a complete group and continue to operate as a fully separate company, serving its customers

Nottinghamshire furniture designer secures GBP500,000 MEIF funding package

Sylvan Enterprises (Sylvan) has received a GBP500,000 loan through the Midlands Engine Investment Fund (MEIF) ESEM Debt Finance fund and backed by the Coronavirus Business Interruption Loan Scheme (CBILS), managed by Maven Capital Partners (Maven). The furniture design business, based in Mansfield, Nottinghamshire, will use the funding package to support

OpenGate Capital acquires amphoteric surfactant business from Solvay SA

OpenGate Capital, a global private equity firm, has completed the acquisition of the North American and European amphoteric surfactant business from Solvay. As part of this transaction, the business has been renamed Verdant Specialty Solutions (Verdant), representing a new chapter of innovation and growth for the company. Terms of the

MacNeill Pride Group broadens portfolio with acquisition of GCI Outdoor

MacNeill Pride Group (MPG), a diversified global designer and manufacturer of outdoor products and sporting goods, has acquired GCI Outdoor (GCI), a leading designer of portable, built-to-last outdoor recreation equipment. Terms of the transaction have not been disclosed. MPG is a portfolio company of Centre Partners.  Founded in 1996, GCI

Astorg to acquire Solina from Ardian

Astorg is to acquire Solina, a leading European manufacturer of ingredient and seasoning blends for the food industry, from Ardian.  Solina’s management will reinvest a significant part of their proceeds alongside Astorg. Founded in 1988 and headquartered in France, Solina serves more than eighteen thousand clients with 2,250 employees across

Events

12 September, 2024 – 6:00 pm

Directory Listings