China Synergy Fund, co-managed by CICC Capital and TPG, is set to acquire Electropoli, a leading provider of surface treatment services in Europe, notably for the automotive industry. Financial terms were not disclosed. Headquartered in France, Electropoli has successfully developed into a pan-European company, benefitting from a strong technology and industrial process know-how. The company operates seven manufacturing sites in France, the Czech Republic and Poland and one R&D center based in France. Electropoli serves the premium segment of the automotive industry as well as the aerospace and energy industries with a comprehensive range of metal treatment products and services. "As a partner of Trail, we will allow successful European companies to grow into China with the benefit of CICC's vast investment banking resources and strong experience as a leading private equity manager. China Synergy Fund is well-positioned to help transform small and mid-size European companies into global champions with strong operational presence in China." Ding Wei, CICC Capital CEO.