M&A Deal Summary

Potters Acquires Sovitec

On June 12, 2017, Potters acquired building materials company Sovitec from Gilde Equity Management

Acquisition Highlights
  • This is Potters’ 1st transaction in the Building Materials sector.
  • This is Potters’ 1st transaction in Belgium.

M&A Deal Summary

Date 2017-06-12
Target Sovitec
Sector Building Materials
Buyer(s) Potters
Sellers(s) Gilde Equity Management
Deal Type Add-on Acquisition

Target

Sovitec

Fleurus, Belgium
Sovitec manufactures glass microbeads, used for building materials. European leader in the production and sale of micro glass beads which are used as reflective component of road markings and in several high-end (industrial) applications. Sovitec was founded in 1954 and is based in Fleurus, Belgium.

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Buyer(S) 1

Buyer

Potters

Malvern, Pennsylvania, United States

Category Company
Founded 1914
Sector Manufacturing
DESCRIPTION

Potters is a global manufacturer of engineered glass materials to government agencies, highway and road maintenance contractors, as well as automotive, construction, mining, personal care, medical, and other industrial end markets. It produces highway safety marking glass beads, which add reflectivity to road markings to make them more visible to drivers and comply with government-mandated safety regulations. Potters was founded in 1914 and is based in Malvern, Pennsylvania.


DEAL STATS #
Overall 1 of 1
Sector: Building Materials M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Belgium M&A 1 of 1
Year: 2017 M&A 1 of 1

Seller(S) 1

SELLER

Gilde Equity Management

Houten, Netherlands

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1982
PE ASSETS 500M EUR
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Gilde Equity Management Benelux (GEM) is a unit of Gilde Investment Management, a Dutch investment firm. Gilde Equity Management (GEM) is a generalist investor, focusing on buyouts of mid-market growth companies valued between €20 and €200 million. Broad sectors of interest include services, consumer goods, manufacturing, and industrial products. Gilde looks for investments across the Benelux region. GEM was formed in 1992 and is headquartered in Houten, the Netherlands.


DEAL STATS #
Overall 21 of 31
Sector: Building Materials M&A 1 of 1
Type: Add-on Acquisition M&A Deals 11 of 18
Country: Belgium M&A 3 of 6
Year: 2017 M&A 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-05-23 Leen Bakker

Raamsdonkveer, Netherlands

Leen Bakker is a home furnishings retailer. Leen Bakker is committed to being the brand for everybody who wants beautiful, functional and affordable home furnishings. Leen Bakker was founded in 1918 and is based in Raamsdonkveer, Netherlands.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-11-07 BlueCielo ECM Solutions BV

Hoofddorp, Netherlands

BlueCielo ECM Solutions BV is a provider of software solutions to manage engineering information throughout the asset lifecycle. BlueCielo Meridian software connects maintenance and engineering, supports concurrent plant modifications, and improves data handover, while transforming engineering data into actionable plant information, keeping your users informed, compliant, and in control.

Sell -