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Announced

Completed

Pinova Capital completed the acquisition of a majority stake in Ecoroll.

Financials

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

Tags

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Acquisition

tools and machinery

Completed

surface finishing

Private

Friendly

Private Equity

Domestic

Majority

Germany

Machinery: Industrial

Single Bidder

Synopsis

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Pinova Capital, an independent private equity firm, completed its acquisition of a majority stake in Ecoroll, a provider of tools and machinery for surface finishing. Financial terms were not disclosed. "Dr. Röttger has positioned Ecoroll as a market leader in the mechanical surface treatment segment and thus embarked on a sustainable growth path. Together with Dr. Röttger, we want to drive growth in partnership and further develop Ecoroll into an international full-range supplier for mechanical surface finishing. We expect a tailwind from the increasing market demand for light, durable and therefore sustainable metal components," Herbert Seggewiß, Pinova Capital Partner.

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