Alpina sells Dolan to Dralon

The sale ends a holding period of three years for Alpina, which acquired the company in a double acquisition of Dolan and European Carbon Fiber (ECF). It divested ECF in November 2017 in a trade sale to Solvay.

The divestment came from Alpina Partners Fund (formerly Green Growth Fund 2), a growth equity and buyout fund that held a final close on €140m against a €200m target in January 2016.

Dralon said the deal would strengthen its position as acrylic fibre supplier in the region and expand its product range.

Company
Founded in 1960, Dolan produces speciality fibres for textiles, convertible car tops, sunshades, garden furniture and protective clothing. It has 101 employees and generated revenues of €59.2m in 2015.

People
Alpina Partners – Florian Strehle (partner).
Dolan Holding – Jan Verdenhalven (managing director).
Dralon – Stefan Braun (managing director).

Advisers
Vendor – Taylor Wessing (legal); AC Christes & Partner (tax); Finkenhof Rechtsanwälte (legal); AFR (legal); Dechert (legal); Flick Gocke Schaumburg (legal).

Acquirer – Kapellmann & Partner (legal).

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

• Topics
• Exits
• DACH
• Industrials
• Trade sale
• Germany