Announced
Completed
Financials
Tags
Acquisition
tools and machinery
Completed
surface finishing
Private
Friendly
Private Equity
Domestic
Majority
Germany
Machinery: Industrial
Single Bidder
Synopsis
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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