Poland-based Elektrotermex (ETX) and global climate solutions provider Viessmann announced the acquisition of a majority stake in ETX by Viessmann and a strategic partnership to manufacture and sell district heating solutions in Poland. Translink’s partner in Poland, Holon acted as transaction advisor to the owners of ETX.

Valedo Partners III AB, a fund advised by Valedo Partners, has invested in Twig Com, a Finland-based provider of personal safety products and software solutions for lone worker safety and telecare. Valedo’s investment will accelerate Twig Com’s expansion and growth. In connection with Valedo’s investment, existing shareholders, including the founders, key employees, and board members, have co-invested alongside Valedo. Translink Corporate Finance Finland acted as a financial advisor to the owners of Twig Com.

Baobag, supported by its majority shareholder LBO France, pursues its international expansion with the acquisition of its Spanish competitor, Satucesa. Translink advised Baobag, a French specialist in the design and distribution of Big Bags, in its first European acquisition to become one of the top 3 players of the Spanish market.

EN Engineering (“EN”) announced the acquisition of steam and gas turbine, generator, and utility plant consultants,,TG Advisers, Inc.

Translink Corporate Finance in Spain and France advised the shareholders of Gecol, a
Spanish construction mortars manufacturer with a strong positioning in the Spanish
market, on its 100% sale to Soprema Group,

Translink Corporate Finance announced the sale of Swinton Technology, a market leader in metering supervisory systems and measurement expertise in the oil & gas industry, to Sensia, an automation specialist in oil & gas production, transportation and processing.

Translink Corporate Finance in Spain advised NOPS-PFI, S.L., 50% shareholders of Circutor on its sale to Grup Comellas i Cabeza, a Spanish holding company belonging to the Comellas family. The deal was closed on February 23rd, 2022.

EIS Holdings, a portfolio company of O2 Investment Partners, today announced an investment in Maryland-based Potomac Abatement. Potomac Abatement is one of the leading environmental remediation and abatement firms in the Mid-Atlantic, particularly the Baltimore-Washington metro area and Northern Virginia. Translink acted as advisor to the buyer.

Solve Industrial Motion Group (“Solve”), a portfolio company of Audax Private Equity, has acquired SST Bearing Corporation (“SST Bearings”), a worldwide supplier and manufacturer of bearings and power transmission components.

Industrial Flow Solutions LLC (“IFS”) a US-based leading provider of industrial pumping solutions and a portfolio company of Chicago-based private equity group May River Capital, has acquired 100% of Dreno Pompe S.r.l. (“Dreno”) an Italy-based business specializing in electrical submersible pumps for industrial, municipal, and residential wastewater applications.