Divestiture • Manufacturing

PHI Industrial Acquires Hitecsa Aire Acondicionado SLU - Productive Unit

On April 26, 2012, private equity firm PHI Industrial acquired manufacturer Hitecsa Aire Acondicionado SLU - Productive Unit from Hitecsa Aire Acondicionado SLU

Acquisition Context
  • This is PHI Industrial’s 2nd transaction in the Manufacturing sector.
  • This is PHI Industrial’s 5th transaction in Spain.

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M&A Deal Summary

Date April 26, 2012
Target Hitecsa Aire Acondicionado SLU - Productive Unit
Sector Manufacturing
Buyer(s) PHI Industrial
Sellers(s) Hitecsa Aire Acondicionado SLU
Deal Type Divestiture

Target Company

Hitecsa Aire Acondicionado SLU - Productive Unit

Spain
Hitecsa Aire Acondicionado SLU - Productive Unit is a manufacturer of air-conditioning systems.
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Buyer Overview 1

DESCRIPTION

PHI Industrial is a generalist private investment firm focused on acquiring non-core divestitures or family-owned companies facing succession issues. PHI will consider opportunities across Europe generating revenues of €20 to €250 million. PHI Industrial was formed in 2006 and has offices in Barcelona and Madrid.


Deal Context for Buyer #
Overall 5 of 16
Sector: Manufacturing 2 of 3
Type: Divestiture 4 of 8
Country: Spain 5 of 14
Year: 2012 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-07-20 Atrian Technical Services S.A.

Barcelona, Spain

Atrian Technical Services S.A. is dedicated to maintenance and specialized assemblies in electrical, mechanical and climatic engineering, energy, communications, and infrastructures.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-11-30 Abelan Board Industrial

Barcelona, Spain

Abelan Board Industrial is a major producer of core board and solid board packaging products operating out of Southern Europe. Abelan has two key areas of expertise: the production of core board, for cardboard tubes, boxes and other applications within packaging, and its solid board packaging division, which supplies a large variety of boxes and trays to major distribution brands in the European agricultural, meat, flower and various other industries. Abelan Board Industrial was founded in 1911 and is based in Barcelona, Spain.

Buy -

Seller Profile 1

SELLER

Hitecsa Aire Acondicionado SLU

Barcelona, Spain

Category Company
Founded 1982
Sector Manufacturing
Employees200
DESCRIPTION

HITECSA AIRE ACONDICIONADO S.L.U is an organization that designs, manufactures and sells air conditioning units for the industrial, tertiary, commercial and residential sectors. its have a broad range of highly competitive products.


Deal Context for Seller #
Overall 1 of 1
Sector: Manufacturing 1 of 1
Type: Divestiture 1 of 1
Country: Spain 1 of 1
Year: 2012 1 of 1

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