Odewald & Compagnie (O&C) has sold its stake in German aerial platform provider mateco Gruppe to Belgian trade buyer TVH.
The transaction remains subject to approval from relevant competition authorities. It is estimated to be worth €150-200m. The buying party, TVH, is a Belgian supplier of forklifts and industrial equipment...
Deal marks the second bolt-on for the business, following the acquisition of Swiss diagnostic imaging provider IRD
Deal marks the second investment made from the GP's 2016-vintage sixth vehicle, which closed on £660m
Acquisition is the company's first out of two planned for this year with ActoMezz's backing
Total commitments for the fund fell some way short of the vehicle's €350m target and €400m hard-cap