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Announced

Completed

Aalberts completed the acquisition of Sentinel Performance Solutions from Electra for £22m.

Financials

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Transaction Value£22m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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water treatment

Majority

Completed

Friendly

Private

Single Bidder

United Kingdom

Cross Border

Private Equity

Acquisition

Water

Synopsis

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Aalberts, an aluminum precision extrusion company, completed the acquisition of Sentinel Performance Solutions, a water treatment products and services company, from Electra Private Equity, a private equity firm, for £22m ($30m). "As we approach the final stages of our realization strategy, we are pleased with the ongoing progress of Fridays and Hotter Shoes, both of which have made significant improvements to their businesses in the last 12 months. We are delighted that we have successfully completed the disposal of Sentinel on time and to plan, despite the challenges of the last year," Neil Johnson, Electra Chairman.

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