FountainVest Capital has entered into a definitive agreement to acquire a controlling interest in EuroGroup Laminations, a global manufacturer of electric motor components, in a transaction that sets the stage for a full take-private process, according to a report by Reuters.
Under the terms of the deal, EMS Euro Management Services – the company’s principal shareholder – will sell its 45.7% stake to an investment vehicle controlled by FountainVest at €3.85 per share, representing a 64% premium to EuroGroup’s closing share price as of last Friday.
EMS will reinvest 50% of the proceeds into a new holding company jointly established with FountainVest, which will become the primary vehicle for controlling EuroGroup Laminations.
In parallel, FountainVest has signed a separate agreement to acquire Tikehau Capital’s 7.9% interest in EuroGroup at the same price, consolidating control of approximately 55.3% of the company’s voting share capital. The transaction values EuroGroup Laminations at €626m ($730m) and is expected to close in H1 2026, subject to regulatory and shareholder approvals.
Following completion, the consortium will launch a mandatory tender offer for the remaining outstanding shares with the intention to delist EuroGroup Laminations from Euronext Milan.
Founded in Italy, EuroGroup Laminations is a vertically integrated specialist in stators and rotors for electric motors and generators, operating 15 manufacturing sites across Europe, Asia, and North America. The company is strategically positioned to benefit from global electrification and e-mobility trends.
As part of the agreement, CEO Marco Arduini and the existing management team will remain in place to drive the company’s growth strategy under new ownership.
Shares in EuroGroup Laminations surged nearly 54% on Monday morning following the announcement.
