Cotting Group has been acquired by Duroc AB
Mecaseat has sold Cotting Group to Duroc AB. Financial details have not been disclosed.
Cotting Group is a leading specialist in coated textile, offering a wide range of high-tech coated fabrics for the automotive, apparel and leather goods, transport, healthcare and well-being, furniture, wall coverings and bedding sectors. The company operates through two subsidiaries: Griffine SA in France and Plastibert NV in Belgium.
Duroc acquires, develops and manages industrial and B2B trading companies. With deep knowledge in technology and markets, the Group’s companies aim to achieve leading positions in their respective industries. As an owner, Duroc actively contributes to the subsidiaries development and value-creating acquisitions. Duroc AB is listed on Nasdaq Stockholm.
Mecaseat is an investment holding managing a portfolio of companies with diversified activities and some common characteristics: low profile, B2B, limited branding and strategy, leading position in most of its respective segments and markets, and good reputation for products and service. After the sale of its coating division in 2019, the firm's remaining activities include: mechanics, contract furniture and bedding.
Oaklins' team in Belgium advised the seller in this transaction.
Talk to the deal team
Related deals
Nuzoa has acquired Dinazoo
Spanish private equity-backed Nuzoa, a prominent animal health distributor in Spain, has acquired Dinazoo. This acquisition marks one of the first steps in Nuzoa’s international expansion. It will strengthen Nuzoa’s relationships with key clients who also operate in the Portuguese market, along with its suppliers. This agreement will enhance both companies’ presence in the Portuguese market by gaining access to more advanced technology and expanding their portfolio in key areas of the business.
Learn moreNuzoa has acquired Siloal
Spanish private equity-backed Nuzoa, a prominent animal health distributor in Spain, has acquired Siloal. This acquisition marks one of the first steps in Nuzoa’s international expansion. It will strengthen Nuzoa’s relationships with key clients who also operate in the Portuguese market, along with its suppliers. This agreement will enhance both companies’ presence in the Portuguese market by gaining access to more advanced technology and expanding their portfolio in key areas of the business.
Learn morePiper PE and Cool Japan Fund have backed a management buy-out of Inside Travel Group
Inside Travel Group (ITG) has been sold to Piper PE and Cool Japan Fund. This acquisition aligns with ITG’s goal of becoming the leading specialist in tailor-made and group tours across Asia. Piper PE and Cool Japan Fund will continue to support ITG’s founders and management team, driving the business’ growth in Japan and other Asian destinations.
Learn more