M&A Deal Summary

Arx Equity Partners Acquires Promens Zlin

On April 14, 2021, private equity firm Arx Equity Partners acquired automotive company Promens Zlin from Berry Global, Inc.

Acquisition Highlights
  • This is Arx Equity Partners’ 1st transaction in the Automotive sector.
  • This is Arx Equity Partners’ 13th transaction in Czech Republic.

M&A Deal Summary

Date 2021-04-14
Target Promens Zlin
Sector Automotive
Buyer(s) Arx Equity Partners
Sellers(s) Berry Global, Inc.
Deal Type Divestiture

Target

Promens Zlin

Zlín, Czech Republic
website
Promens Zlin is a Tier 1 system and development supplier, focused predominantly on large vehicle exterior and interior parts, which are key components in the production of buses, earth moving vehicles, and agriculture equipment. Promens Zlin was founded in 1991 and is based in Zlín, Czech Republic.

Search 158,438 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Arx Equity Partners

Prague, Czech Republic

Investor Investor Investor Investor Investor

website


Category Private Equity Firm
Founded 1996
PE ASSETS 300M EUR
SizeMiddle-Market
Type Sector Agnostic
DESCRIPTION

Arx is an independent Central and Eastern European focused private equity firm. Arx seeks companies valued between €10 and €50 million. Funds are generally used to support later stage investments such as expansion financings, management buy-outs and buy-ins, and industry consolidations. Arx will consider opportunities across many industry sectors. Arx was formerly known as DBG Eastern Europe. Arx Equity Partners was formed in 1996 and based in Prague.


DEAL STATS #
Overall 29 of 29
Sector (Automotive) 1 of 1
Type (Divestiture) 1 of 1
Country (Czech Republic) 13 of 13
Year (2021) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-02 Instrumentation Technologies

Solkan, Slovenia

Instrumentation Technologies engages in the development and assembly of high-specification instrumentation for data acquisition and signal processing used in scientific particle accelerators. Instrumentation Technologies was founded in 1998 and is based in Solkan, Slovenia.

Buy -

Seller(S) 1

SELLER

Berry Global, Inc.

Evansville, Indiana, United States

website


Category Company
Founded 1967
SectorPlastics
Employees47,000
Revenue 11.7B USD (2020)
DESCRIPTION

Berry is a manufacturer and marketer of plastic packaging products for personal care, household, industrial and transportation markets. Berry was established in 1967 and is based in Evansville, Indiana.


DEAL STATS #
Overall 2 of 2
Sector (Automotive) 1 of 1
Type (Divestiture) 2 of 2
Country (Czech Republic) 1 of 1
Year (2021) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-07-30 Seal For Life Industries LLC

Stadskanaal, Netherlands

Seal For Life Industries LLC is a provider of corrosion prevention, waterproofing, and insulation products. Seal For Life Industries LLC offers plastic meshes to protect pipes and pipelines from rocks when backfilled; cathodic protection products; visco-elastic solutions to protect assets from corrosion and water ingress; cold-applied and fused tape products; single wrap pipeline coating systems; coatings for metal pipes; and liquid coating products. Seal For Life Industries LLC offers products for various markets, such as marine, splash zone, and underwater installation, mobile pipeline coating, onshore oil and gas pipelines, offshore, insulation, casing filler, energy, flooring, refinery, cathodic protection, cables and wires, and wastewater.

Sell $328M