Noritsu Koki to acquire SENQCIA from Lone Star Funds for $519m.

Noritsu Koki, a Japanese holding company, agreed to acquire SENQCIA, a provider of building material equipment, manufacturing, and sales, from Lone Star Funds, an investment firm, for $519m. “We are very pleased to have reached this agreement, which represents an important milestone in SENQCIA’s evolution. Working closely with management, we applied a focused value-creation strategy and disciplined capital allocation approach to strengthen the business and support its growth into a leading provider of mission-critical building solutions,” Donald Quintin, Lone Star Chief Executive Officer.