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Safil S.p.A and Gruppo Tessile Industriale, both Italian-based worsted yarn manufacturers, were sold to Südwolle Group, a global producer of worsted yarn for weaving, circular, and flat knitting in pure wool and wool blends.

Consumer & retail , Industrials

Drapeau Germany Drapeau Italy

Sale

Advisor to the sell side

Ammeraal Beltech, major global player in the market for process and transport belts, was acquired in a SBO by American private equity firm Advent International.

Industrials

Drapeau Netherlands Drapeau US

Sale

Advisor to the sell side

LFD Group took over I.S.O. Roulements, a French specialist in the distribution of bearings, following a winding-up procedure filed at the Nanterre Commercial Court. LFD Group, based in Germany, is a European leader in the production and distribution of rolling bearings.

Industrials

Drapeau France Drapeau Germany

Acquisition

Advisor to the buy side

Toutelec, engaged in the trading and maintenance of electric motors for heavy industry, was sold to a management team led by Michel Gayte and Maxime Vial.

Industrials

Drapeau France

Sale

Advisor to the sell side

Stuart Turner, leading UK supplier of shower pumps for both the domestic and commercial markets, acquired Allan Aqua Systems.

Industrials

Drapeau UK

Acquisition

Advisor to the buy side

Clothing+, a wearable-technology company, was sold to Jabil, the third-largest electronics manufacturing service supplier in the world.

Industrials , Tech, software & digital

Drapeau Finland Drapeau US

Sale

Advisor to the sell side

Governia Oy, a 100% state-owned investment company used for special-ownership restructuring purposes, acquired Pajakulma from Raskone. Pajakulma equips versatile commercial vehicles according to customer specifications. Raskone is one of the largest chains of service shops in Finland.

Consumer & retail , Industrials

Drapeau Finland

Acquisition

Advisor to the buy side

The Helsinki-listed wiring systems and electronics company PKC Group Oyj, focusing mainly on the global commervial vehicle industry, acquired the wiring and controls business of the Warsaw-quoted Groclin S.A. Group.

Industrials

Drapeau Finland Drapeau Poland

Acquisition

Advisor to the buy side

Adaero Precision Components Limited, a specialized manufacturer of high-precision components for the medical, optical, defense, laser and hydraulic industries, was sold to Indutrade, a Swedish industrial group.

Industrials

Drapeau Sweden Drapeau UK

Sale

Advisor to the sell side