Deal Details
Officine Maccaferri S.p.A. Is Acquired by Ambienta
Summary
Officine Maccaferri S.p.A. (“OM” or the “Company”), a portfolio company of Carlyle (NASDAQ: CG), Stellex Capital Management ("Stellex Capital") and credit funds managed by Man Group plc’s (“Man Group”) (LSE: EMG.LN) Man GLG (together the “Shareholder Group”), has agreed to sell the Company to Ambienta. The transaction is subject to various regulatory approvals and customary closing conditions. The terms of the transaction have not been disclosed.
Baird served as financial advisor to the Officine Maccaferri S.p.A. Shareholder Group on this transaction.
About
Founded in 1879, OM is a global leader in sustainable engineering solutions, widely recognized for manufacturing a diverse range of environmentally friendly products for Civil and Urban Infrastructure, Transportation, Environmental Protection as well as Coastal & River Control. The Company reported annual sales of over €600m in 2023 and has a global footprint across more than 130 countries, with around 3,000 employees and more than 20 production sites worldwide. OM is headquartered in Bologna, Italy.Carlyle is a global investment firm with deep industry expertise that deploys private capital across its business and conducts its operations through three business segments: Global Private Equity, Global Credit and Global Investment Solutions. With $426 billion of assets under management as of December 31, 2023, Carlyle’s purpose is to invest wisely and create value on behalf of its investors, portfolio companies and the communities in which we live and invest. Carlyle employs more than 2,200 people in 28 offices across four continents. Carlyle is headquartered in Washington, D.C.
With over $2.6 billion in AUM, Stellex Capital is a private equity firm that seeks to identify and deploy capital in opportunities that stand to benefit from its operationally focused and hands-on approach to investing. Portfolio companies are supported by Stellex Capital’s industry knowledge, operating capabilities, network of senior executives, strategic insight and access to capital. Sectors of particular focus include aerospace, defense & government services, transportation & logistics, manufacturing and business services. With offices in New York, Detroit, Pittsburgh and London, Stellex Capital is headquartered in New York, New York.
Man Group is a global, technology-empowered active investment management firm focused on delivering alpha and portfolio solutions for clients. Man GLG is a discretionary investment engine within Man Group offering a diverse range of alternative and long-only investment strategies across equities, credit, fixed income and multi-asset approaches. Man Group is a constituent of the FTSE 250 Index. Man Group is headquartered in London, England.
Ambienta is a European environmental sustainability investor across private and public markets. Operating out of Milan, London, Paris and Munich, Ambienta manages over €3.0 billion in assets with a focus on investing in private and public companies driven by environmental megatrends and whose products or services improve resource efficiency or pollution control. In private equity, Ambienta has completed 57 investments to date. In public equity markets, Ambienta has pioneered one of the world’s largest absolute return funds entirely focused on environmental sustainability and manages a full suite of sustainable products ranging from low-risk multi-asset fund to equity long only. Ambienta is headquartered in Milan, Italy.
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- Date
- February 2024
- Company
- Officine Maccaferri S.p.A.
- Transaction
- M&A - Sellside
- Sectors
- Industrial
- Verticals
-
Building & Infrastructure
Specialty Materials & Chemicals
- Target Geography
- Europe
- Acquiror Geography
- Europe
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