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The IOW Group of companies, leading distributor and service provider of mobile drivetrain systems, hydraulics, cooling systems, and filter technologies in Central and Eastern Europe, sold a majority stake to Axel Johnson International.

Industrials

Drapeau Germany Drapeau Poland Drapeau Sweden

Sale

Advisor to the seller

Dormakaba Group, a provider of secure access systems for buildings and interiors, divested the activities of Dorma Beschlagtechnik, a manufacturer of premium door fittings, to Flacks Group, a private investment group based in Miami.

Industrials

Drapeau Germany Drapeau US

Sale

Advisor to the seller

Stuart Turner Ltd, a domestic and commercial pump manufacturer, acquired The Total Water Solutions Company.

Industrials

Drapeau UK

Acquisition

Advisor to the buyer

TSA Group, manufacturer of stainless equipment mainly for the food industry,  was sold to a new manager supported by three private equity funds: Capital Grand Est, Agro Invest and Caisse d’Epargne Alsace Capital Développement.

Industrials

Drapeau France

Sale

Advisor to the seller

ATOP, a world leader in the manufacturing of automatic lines for the production of electric motors for various industrial and automotive applications including e-mobility, was sold to Charme Capital Partners SGR S.p.A. and IMA S.p.A.

Industrials

Drapeau Italy

Sale

Advisor to the seller

Ersel Asset Management and the founders of the company sold the Sicme Motori to Orange1 Holding. Sicme Motori S.r.l. manufactures variable speed AC and DC motors and is one of the few players in the Italian market with advanced technological solutions for a large range of industrial applications.

Industrials

Drapeau Italy

Sale

Advisor to the seller

Italglobal Partners sold a 70% stake in CMI, the leading producer of household appliance hinges, to Guangdong Xingye Investment LLC, the parent company of the listed Chinese group Guangdong SACA.

Industrials

Drapeau China Drapeau Italy

Sale

Advisor to the sell side

Sertip, a company specialized in screen-printing on plastics and in flat-working for industry, acquired Chimicolor, a manufacturer of metal plates.

 

Industrials

Drapeau France

Acquisition

Advisor to the buy side

A majority stake in Kuznia Ostrow Wielkopolski (KOW), a forge specializing in close-die and open-die forgings for the railway, construction and agricultural sectors, was sold to MSV Metal Studenka s.r.o., a portfolio company of Czech private-equity fund JET Investment.

 

Industrials

Drapeau Poland

Sale

Advisor to the sell side