M&A Deal Summary

Gonvarri Steel Industries Acquires Constructor Group

On October 6, 2017, Gonvarri Steel Industries acquired manufacturer Constructor Group from Altor Equity Partners

Acquisition Highlights
  • This is Gonvarri Steel Industries’ 1st transaction in the Manufacturing sector.
  • This is Gonvarri Steel Industries’ 1st transaction in Norway.

M&A Deal Summary

Date 2017-10-06
Target Constructor Group
Sector Manufacturing
Buyer(s) Gonvarri Steel Industries
Sellers(s) Altor Equity Partners
Deal Type Add-on Acquisition

Target

Constructor Group

Oslo, Norway
Constructor Group is a provider of storage and handling solutions. Constructor Group is the second largest provider of storage solutions for the industrial segment in Europe and the largest in commercial.

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Buyer(S) 1

Buyer

Gonvarri Steel Industries

Madrid, Spain

Category Company
Sector Metals/Mining
Employees8,000
DESCRIPTION

Gonvarri Steel Industries is a company in steel service centers and manufacturing renewable energy components. Its strategy around the steel transformation business is based on the development of products and services with great value added, which allows to establish closer relations with its main clients.


DEAL STATS #
Overall 1 of 2
Sector: Manufacturing M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 2
Country: Norway M&A 1 of 1
Year: 2017 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-24 Suports Desarrollo y Soluciones

Valencia, Spain

Suports Desarrollo y Soluciones is a Spanish engineering Company specialized in aluminum based solutions for photovoltaic projects in rooftop, parking lots and small ground PV projects.

Buy -

Seller(S) 1

SELLER

Altor Equity Partners

Stockholm, Sweden

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2003
PE ASSETS 8.3B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

Altor Equity Partners is a private equity firm that looks to principally invest in medium-sized Nordic based companies across a broad range of industries. Altor typically seeks control positions when investing. Prospective companies generally have revenues of €50 to €500 million. Broad areas of interest include healthcare services, electronics, technology, financial services, business services, niche manufacturing, capital equipment, software, marine, consumer products, and communications. Altor Equity Partners was formed in 2003 and is based in Stockholm, Sweden.


DEAL STATS #
Overall 26 of 55
Sector: Manufacturing M&A 1 of 2
Type: Add-on Acquisition M&A Deals 15 of 26
Country: Norway M&A 9 of 17
Year: 2017 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-07-11 BTI Studios

Stockholm, Sweden

BTI Studios is a provider of subtitling and dubbing services to broadcasters and other media companies. BTI Studios is a provider of subtitling in about 40 languages and has a number of leading broadcasters and Home Entertainment companies as customers. BTI has achieved significant growth in recent years and holds a solid market position based on a reputation for high quality, delivery precision and significant production capacity in many different local European markets.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-10-18 Revolutionrace

Boras, Sweden

Revolutionrace sells outdoor apparel through a direct-to-consumer model, with an innovative design, high quality and functionality at an affordable price point. Revolutionrace was founded in 2013 and is based in Boras, Sweden.

Buy -