Chequers buys Thermocoax back from TCR Capital

TCR acquired 85% of Thermocoax in 2005 for €35m from Chequers. Following the buyout, Chequers now owns a 60% stake in the company, the remaining 40% being shared between management and TCR Capital.

Founded in 1957, Thermocoax is a spin-out of Phillips Electronics. It specialises in heating systems and temperature monitoring, targeting nuclear energy and aeronautical applications, as well as semi-conductor and medical equipment manufacturers.

The unquote" team is currently researching this transaction. In-depth deal information for subscribers will follow shortly.

If you have any information regarding this transaction, please contact Grégoire Gille on +44 20 7484 9824 or gregoire.gille@incisivemedia.com

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

• Topics
• France
• Benelux
• DACH
• UK / Ireland
• Nordics
• Southern Europe
• CEE
• Buyouts
• Industrials
• France