OCN SpA has been acquired by ASMAG GmbH
The private equity firm Alcedo SGR SpA has sold its portfolio company OCN SpA to ASMAG GmbH.The sale has been finalized as an asset deal through a procedure and financial details have not been disclosed.
Established in 1977, OCN designs and manufactures systems and equipment for the metallurgical industry. The company was in a difficult financial situation, as a result of two of its main clients going bankrupt.
ASMAG GmbH, based in Scharnstein, Austria, produces equipment for extrusion, pointing, drawing, straightening, cutting and chamfering, finishing, testing, stacking and bundling. A highly qualified engineering team supervises the entire production process and ensures the highest quality control.
Alcedo SGR is an Italian private equity firm investing in small medium-sized companies with a leading position in their respective markets. The firm supports the enterprises and boost their medium and long term growth and development.
Oaklins' team in Italy advised the seller in this transaction.
Talk to the deal team
Related deals
F.EE has been acquired by One Equity Partners
F.EE GmbH, one of Germany’s leading providers of innovative solutions in mechanical engineering, automation hardware, cabinet control, software and robot programming, has been acquired by One Equity Partners. This transaction will strengthen the private equity firm’s operations in the industrial automation space. The sellers have reinvested and will remain involved in the business for the coming years.
Learn moreSun European Partners has secured financing to support its acquisition of B&H Worldwide
Sun European Partners has raised debt facilities to support its acquisition of B&H Worldwide.
Learn moreParcom has sold Krifon to Varro
Krifon AS, a leading Nordic B2B distributor specializing in home and garden products, has been acquired by Varro. The transaction marks a new chapter for the company as it continues to strengthen its position as a trusted category partner to leading DIY chains, garden centers and furniture retailers in Norway.
Learn more