M&A Deal Summary

Pirelli Tyre Acquires Däckia AB

On June 14, 2012, Pirelli Tyre acquired retailer Däckia AB from Procuritas Capital for 625M SEK

Acquisition Highlights
  • This is Pirelli Tyre’s 1st transaction in the Retail sector.
  • This is Pirelli Tyre’s 0th largest (disclosed) transaction.
  • This is Pirelli Tyre’s 1st transaction in Sweden.

M&A Deal Summary
Date 2012-06-14
Target Däckia AB
Sector Retail
Buyer(s) Pirelli Tyre
Sellers(s) Procuritas Capital
Deal Type Add-on Acquisition
Deal Value 625M SEK

Target

Däckia AB

Taby, Sweden
website
Däckia AB is a multi-brand tyre distribution chain in Sweden.

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Buyer(S) 1

Buyer

Pirelli Tyre

Milan, Italy

website

Category Company
Sector Automotive
DESCRIPTION

Pirelli Tyre S.p.A. is a producer of high end tyres based in Italy.

DEAL STATS #
Overall 1 of 1
Sector (Retail) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (Sweden) 1 of 1
Year (2012) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-02-28 Pirelli Tyre - Steel Cord Business

Figline Valdarno, Italy

Pirelli - Steel Cord Business manufactures steel cord. The Unit has operations and manufacturing sites in Figline Valdarno, Italy; Slatina, Romania; Izmit, Turkey; Yanzhou, China; and Sumarè, Brazil.

Sell €255M

Seller(S) 1

SELLER

Procuritas Capital

Investor Investor Investor Investor Investor

website

Category Private Equity Firm
Founded 1990
PE ASSETS 1.1B EUR
Size Large
Type Sector Agnostic
DESCRIPTION

Procuritas Capital is a private equity firm focused on acquiring middle-market Nordic companies. Procuritas Capital does not have any sector preferences and generally seeks to acquire businesses with €15 to €100 million in revenue valued up to €100 million. Target acquisition characteristics include strong management in place, opportunities for growth, and unique products/services. Procuritas Capital was established in 1990 and is based in Stockholm.

DEAL STATS #
Overall 8 of 25
Sector (Retail) 1 of 2
Type (Add-on Acquisition) 3 of 9
Country (Sweden) 6 of 13
Year (2012) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-01-01 Norvida AB

Nacka, Sweden

Norvida AB (fka North Trade) is a Swedish distributor of fresh, pre-cooked and frozen meat from the world's leading suppliers.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-10-16 Osby Glas

Osby, Sweden

Osby Glas is a provider of flat glass products to primarily glaziers and window and door manufacturers. Osby Glas was founded in 1934 and is based in Osby, Sweden.

Buy -
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