Announced
Completed
Financials
Tags
Completed
Machinery: Industrial
Cross Border
Private
Private Equity
United Kingdom
Friendly
technical fasteners
Acquisition
Single Bidder
Majority
Synopsis
AFC Industries, a supply chain management solutions provider, completed the acquisition of TFC Europe, an industrial machine manufacturer, from Foresight Group, a private equity firm. Financial terms were not disclosed. “It has been a pleasure working with Morgan and the TFC management and supporting the Company to become a leader in its sector. They successfully navigated the pandemic and are providing an invaluable service to their clients in a challenging trading environment. We wish them every success for the future," Matt Smith, Foresight Partner.
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