Announced
Financials
Tags
Single Bidder
Private Equity
building facades
building envelopes
facades
Slovenia
Private
Pending
Friendly
Acquisition
Building Materials: Other
Majority
Synopsis
Kingspan Group, a building materials company, agreed to acquire Trimo, a manufacturer of facades and building envelope solutions, from Innova Capital, a private equity firm. Financial terms were not disclosed. “Successful transformation of Trimo under Innova’s ownership is a great example of how a private equity owner can help develop a Slovenian business internationally. It has been an intense, but very enjoyable time. We are excited to be joining Kingspan Group, the global market leader in the panel industry," Bozo Cernila, Trimo CEO.
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