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Announced

Completed

PINOVA Capital completed the acquisition of a majority stake in IREMA-Filter.

Financials

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Transaction Value-
Consideration TypeCash
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EV/EBITDA-
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Single Bidder

Completed

Private Equity

Germany

Production Technology Equipment

filter solutions

Friendly

Domestic

Majority

Private

Acquisition

Synopsis

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PINOVA Capital, a private equity firm, completed the acquisition of a majority stake in IREMA-Filter, a filter solutions provider. Financial terms were not disclosed. "PINOVA is the ideal partner for us. PINOVA is a financial investor with a lot of experience in internationalization of medium-sized companies – especially in the USA. Together with PINOVA, we can now expand production in North Carolina, further digitize our manufacturing processes and strengthen the organizational integration" Andreas Seeberger, IREMA Managing Director.

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