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New Deal


Announced

Completed

Nimbus completed the acquisition of Paralloy and FVC from Doncasters.

Financials

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

Tags

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United Kingdom

Engineering Consulting

Acquisition

Completed

Private

industrial engineering

Friendly

mechanical engineering solutions

Majority

Mbo

Electronic Components and Equipment

Single Bidder

components

Disposal

copper tubes

Cross Border

Private Equity

Synopsis

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Nimbus, a hands-on investor, completed the acquisition of Paralloy, a manufacturer of tubes and components, and FVC, a manufacturer of high-quality compressor and exhaust casings, from Doncasters, a manufacturer of precision components and assemblies. Financial terms were not disclosed. “This is good news for our business. We are delighted to be working with Nimbus, we believe their background and expertise complements our strong management team and we have a partner that understands us, our business and is excited about our future. We continue to focus our efforts on building on the Great British Brands of Paralloy and Firth Vickers Centrispinning (FVC) with renewed vigor, investment and a commitment to deliver best in class products and services to our customers worldwide. This transaction will enable us to uniquely position Paralloy and FVC for more growth, expanding our portfolio, capabilities and market reach," Robert McGowan, Paralloy Chief Executive.

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