AAC Capital Partners buys Desotec

The value of the transaction has not been disclosed but AAC takes a majority stake in the company. Desotec's management also invested and will hold a minority interest, while the company's founders further retain a significant minority stake.

AAC will look to expand the business into Europe, having established a strong reach in Belgium and France.

Debt
ING Belgium and KBC Bank supported the transaction with a debt package.

Company
Founded in 1990 and based in Roeselare, Belgium, Desotec specialises in water- and air-purification solutions based on activated carbon. The company serves a broad range of industrial and utility customers throughout Europe, offering full service activated carbon solutions through a captive fleet of mobile filters. It has a joint-venture in Poland and currently generates the bulk of its turnover in Belgium and France.

People
Marc Staal represented AAC on the investment.

Advisers
Equity - Deloitte (Corporate Finance); Loyens & Loeff (Legal); Arthur D Little (Commercial due diligence); KPMG (Financial due diligence); AON (Insurance due diligence); ERM (Environmental due diligence);
Vendor - ING (Corporate Finance); Eubelius (Legal); Vandelanotte (Accounting);

• Tweet  
• Facebook  
• LinkedIn  
• Google plus  
• Send to  

• Topics
• Benelux
• Buyouts
• Industrials
• Now researching
• Belgium