M&A Deal Summary

Ammega Acquires Megadyne Group

On July 5, 2018, Ammega acquired manufacturer Megadyne Group from Astorg Partners

Acquisition Highlights
  • This is Ammega’s 2nd transaction in the Manufacturing sector.
  • This is Ammega’s 1st transaction in Italy.

M&A Deal Summary

Date 2018-07-05
Target Megadyne Group
Sector Manufacturing
Buyer(s) Ammega
Sellers(s) Astorg Partners
Deal Type Merger

Target

Megadyne Group

Mathi, Italy
Megadyne Group develops and manufactures polyurethane and rubber belts for use in power transmission and conveying systems, as well as a range of complementary products such as rubber hoses and metal pulleys. It has its headquarters in Turin, Italy, and serves over 30,000 customers across a variety of industries through 15 manufacturing plants and 33 distribution centers all around the world.

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Buyer(S) 1

Buyer

Ammega

Heerhugowaard, Netherlands

Category Company
Sector Machinery
DESCRIPTION

Ammega provides advanced and quality belting solutions for 20 different industries including global logistics, food production, fitness equipment, household appliances and energy production. Ammega is based in Heerhugowaard, Netherlands.


DEAL STATS #
Overall 2 of 2
Sector (Manufacturing) 2 of 2
Type (Merger) 2 of 2
Country (Italy) 1 of 1
Year (2018) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-06-04 Ammeraal Beltech

Heerhugowaard, Netherlands

Ammeraal Beltech is a manufacturer, distributor and services conveyor belts for a diverse range of applications in light industries, including food processing, automotive, logistics and textiles. Ammeraal Beltech was founded in 1964 and is based in Heerhugowaard, Netherlands.

Buy -

Seller(S) 1

SELLER

Astorg Partners

Paris, France

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1998
PE ASSETS 22.0B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

Astorg Partners is a private equity firm that targets small to midcap company investments primarily in France and to a limited extent, Western Europe. Astorg Partners looks for companies valued between €400 million and €2 billion, requiring at least €15 million in equity. Areas of interest include healthcare, retail, distribution, hospitality, and professional services. Prospective transaction situations include leverage build-ups, divestitures, family transitions, and secondary buyouts. Astorg Partners was formed in 1998 and is based in Paris and has additional offices in London and Luxembourg.


DEAL STATS #
Overall 24 of 32
Sector (Manufacturing) 1 of 2
Type (Merger) 1 of 1
Country (Italy) 1 of 2
Year (2018) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-05-07 IGM Resins

Waalwijk, Netherlands

IGM Resins develops, manufactures, and supplies photoinitiators, acrylates, and additives for the UV inks & coatings industry. The company also offers specialty intermediates for the pharmaceutical and agricultural industries. IGM Resins was established in 1999 and is based in Waalwijk, Netherlands.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-10-17 Nemera

Lyon, France

Nemera engages in the design, development, and manufacture of drug delivery devices including auto-injectors, inhalers, insulin pens, eye droppers, and pumps from four state-of-the-art manufacturing sites in France, Germany, and the US. Its products are sold to a variety of blue-chip customers from the pharmaceutical, biotech, and generics industries. Nemera was founded in 2003 and is headquartered in Lyon, France.

Buy -