Buyout (LBO, MBO, MBI) • Electrical Equipment

Latour Industries Acquires Vega

On November 18, 2020, private equity firm Latour Industries acquired electrical equipment company Vega

Acquisition Context
  • This is Latour Industries’ 1st transaction in the Electrical Equipment sector.
  • This is Latour Industries’ 2nd transaction in Italy.

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M&A Deal Summary

Date November 18, 2020
Target Vega
Sector Electrical Equipment
Buyer(s) Latour Industries
Deal Type Buyout (LBO, MBO, MBI)

Target Company

Vega

Ponzano di Fermo, Italy
Vega is a provider of designer and manufacturer of user interfaces and electronic systems for elevators and platform lifts. Vega was founded in 2004 and is based in Ponzano di Fermo, Italy.
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Buyer Overview 1

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 Context for Buyer #
Overall 4 of 6
Sector: Electrical Equipment 1 of 1
Type: Buyout (LBO, MBO, MBI) 1 of 3
Country: Italy 2 of 3
Year: 2020 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-05-18 Vimec

Luzzara, Italy

Vimec is a producer and distributor of products designed to overcome architectural barriers. The main products are elevators for internal and external use, platform elevators, and stairlifts. Vimec was founded in 1980 and is based in Luzzara, Italy.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-02-10 Esse-ti

Recanati, Italy

Esse-ti is a manufacturer of alarm systems for elevators. The company develops, manufactures and sells wired and wireless auto-dialers, gateways, and fire-fighting systems to elevator operators, specialized resellers and OEMs. Esse-ti was founded in 1983 and is based in Recanati, Italy.

Buy -