M&A Deal Summary

Latour Industries Acquires Produal

On July 6, 2015, private equity firm Latour Industries acquired electronics company Produal from Vaaka Partners

Acquisition Highlights
  • This is Latour Industries’ 1st transaction in the Electronics sector.
  • This is Latour Industries’ 1st transaction in Finland.

M&A Deal Summary
Date 2015-07-06
Target Produal
Sector Electronics
Buyer(s) Latour Industries
Sellers(s) Vaaka Partners
Deal Type Secondary Buyout

Target

Produal

Kotka, Finland
Produal develops and manufactures measurement and control devices for the HVAC sector. It offers frost protection and fire alarm thermostats, electronic thermostats, transmitters, electric power controllers, controllers, temperature measuring, transducers and accessories, and wireless transmitters. Produal was founded in 1987 and is based in Kotka, Finland.

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Buyer(S) 1

Buyer

Latour Industries

Investor Investor

Category Private Equity Firm
Founded 2010
Size Small
Type Sector Focused
DESCRIPTION

Latour Industries is a private equity firm focused on long-term investments in the engineering sector. The Firm looks for businesses with growth potential where the Firm can assist with add-ons and strategy. Latour Industries is headquartered in Göteborg, Sweden.

DEAL STATS #
Overall 1 of 6
Sector (Electronics) 1 of 1
Type (Secondary Buyout) 1 of 3
Country (Finland) 1 of 1
Year (2015) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-05-23 Aritco

Stockholm, Sweden

Aritco is a fast growing engineering company and is Europe’s leading manufacturer of platform lifts. Aritco was founded in 1995 and is based in Stockholm, Sweden.

Buy -

Seller(S) 1

SELLER

Vaaka Partners

Helsinki, Finland

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1989
PE ASSETS 625M EUR
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Vaaka Partners is a Finnish private equity firm focused on buyouts of small and medium-sized Scandinavian businesses valued up to €100 million. The Firm does not have any sector preferences and targets companies with sales of €10 to €200 million. Vaaka was originally established in 1989 and was formerly a unit of Pohjola Bank plc. before becoming independent in 2010. Vaaka Partners is based in Helsinki.

DEAL STATS #
Overall 11 of 21
Sector (Electronics) 2 of 2
Type (Secondary Buyout) 3 of 5
Country (Finland) 11 of 21
Year (2015) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-03-19 Fysios

Espoo, Finland

Fysios is a provider of physiotherapy services, helping people of all ages restore physical mobility and wellbeing. Fysios was founded in 2015 and is based in Espoo, Finland.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-08-26 Viafin Oy

Espoo, Finland

Viafin Oy manufactures pulp towers, pressure vessels and industrial piping assemblies.

Sell -
Mergr

Product

Company

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