Announced
Financials
Tags
Pending
Acquisition
Friendly
Single Bidder
Majority
Domestic
Electronic Components and Equipment
France
automation controls
electronic components
Private
Private Equity
Synopsis
Investment companies Tikehau Ace Capital, Bpifrance and Société Générale Capital Partenaires agreed to acquire Crouzet, a specialized manufacturer of mechatronic components, from LBO France, a private equity firm in France. Financial terms were not disclosed. "Crouzet is a key manufacturer for demanding industries such as transportation, medical, energy or building. The diversity of market applications they serve brings a remarkable robustness in the face of crisis; during which the company growth remains solid – sustained by a strong demand for vehicle electrification, building electrification and machinery electrification," Thomas Boulman, LBO France Partner.
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