Fortum expands its recycling portfolio by acquiring the Finnish metal recycler Fincumet. In the transaction, Fincumet Group sells its metal recycling related businesses (i.e. Fincumet Oy and Niemen Romukauppa Oy). Fincumet Container Oy has not been sold and it continues to operate as a separate entity in the future. The acquired businesses generate app. 40 million euros in net sales and employ app. 40 professionals.
Translink Corporate Finance announces the GT Sea AS and Hokland Invest sale of shares in the Norwegian submarine cable laying company Seaworks Kabel AS to the Swedish company Baltic Offshore AB.
Translink Corporate Finance announces the sale of a minority stake of Malasa Grupo, S.L., a Spanish group dedicated to manufacturing and distribution of furniture, to GPF Capital. Translink acted as financial advisor to the owners of Malasa Grupo, S.L.
In a few years, Sotralu Group has become one of the European leaders in fittings for aluminum frames. The acquisition of the GNS Group is part of it’s development strategy, with the aim of complementing its range of products in the new export markets, thus consolidating its leading position in Europe.
Dinan Capital Advisors, Translink affiliate in the US, is pleased to announce that its client, Moore Freight Service, Inc. (“Moore Freight” or the “Company”) based in Mascot, TN, has been acquired by Daseke, Inc.
Dinan Capital Advisors, Translink affiliate in the US, is pleased to announce that its client, RiteMade Paper Converters, Inc. (“RiteMade” or the “Company”) based in Kansas City, KS, has been acquired by Iconex LLC (“Iconex”), a portfolio company of Atlas Holdings LLC (“Atlas Holdings”). Dinan served as exclusive financial advisor to RiteMade in this transaction.
RESA Power, LLC, a market leader in power systems services and life extension solutions for power distribution equipment, has announced the acquisition of HMT, Inc. Dinan Capital Advisors, Translink affiliate in the US, acted as advisor to the buyer.
Translink Corporate Finance announces the sale of Groupe Barbarie, a French manufacturer of wooden packaging (pallets and palox). Translink acted as the exclusive financial adviser to Groupe Barbarie.
Translink served as exclusive M&A advisor to Craig & Derricott Holdings Limited on its sale to Addtech Power Solutions, a business area of Addtech AB (publ).
In a significant move to expand their distribution offering, Adcock Ingram Healthcare (Pty) Ltd, has acquired Virtual Logistics (Pty) Ltd, a national and cross border fine distribution company. Translink acted as advisor to the buyer. The acquisition will be effective April 2017.