OFI mulls over Siam sale

OFI Private Equity acquired sealing products companies Siem and Flexitallic in 2006 and 2007 respectively, then merged the two entities to form the Financière de Siam group. The private equity investor provided €22.8m of equity in total for a 50.7% stake in the consolidated entity.

Headquartered in Paris, the group supplies the petrochemical sector with joints and bindings for valves. It posted a €71.9m turnover in 2009.

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

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