Announced
Completed
Synopsis
MBO+, a private equity firm, completed the investment in HPS International, a company that designs, manufactures and distributs complex industrial hydraulic cylinders. Financial terms were not disclosed. "The HPS group, associated with the CodiproLux Group, consolidates nearly 80 years of presence in demanding industrial markets, globally recognized brands and brings together more than 14 nationalities among its employees. We are very honored that a fund such as MBO+ wanted to join us. This collaboration will allow our company to confirm its status as an international French ETI leader in the market for technological cylinders and lifting systems with a high safety coefficient. We are ready to face the new challenges to come together," Grégory Poitrasson, HPS International President.
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