.
MergerLinks Header Logo

New Deal


Announced

Completed

Nimbus completed the acquisition of the Centrifugal Castings Division of Doncasters Group.

Financials

Edit Data
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Completed

Private

Single Bidder

specialist engineered products

Acquisition

United Kingdom

Diversified Industrials

Private Equity

Majority

Friendly

Synopsis

Edit

Private equity firm Nimbus completed the acquisition of the Centrifugal Castings Division, comprising Firth Vickers Centrispinning and Paralloy, of Doncasters Group, which manufactures and markets precision components and assemblies. Financial terms were not disclosed. "I’m delighted that our differentiated UK proposition is attracting large corporates to choose Nimbus when considering complex carve outs of their non-core divisions. When we opened in the UK last year our strategy was to support talented management teams unlock the potential in traditional economy businesses. We have been able to stand by our commitment and believe 2020 will represent an even stronger year for investment in traditional UK sectors such as manufacturing & engineering," Chris Clegg, Nimbus UK Chairman.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US