
Alantra buys MD Moldes
Alantra Private Equity has acquired a 70% stake in Portuguese plastic mould manufacturer MD Moldes for an undisclosed sum.
MD Moldes founder Manuel Domingues will retain a 30% stake and remain in his role of CEO.
The GP drew equity from Alantra Private Equity Fund III to support the buyout. The €450m vehicle held a final close in February 2017 and generally targets transactions with €80-300m enterprise value.
Alantra will use MD Moldes as a platform for further acquisitions in the sector, as well as to expand its own production capacities.
Company
MD Moldes was founded in 1989 and is headquartered in Leiria. It designs, produces and distributes plastic moulds for car manufacturers globally. It has production centres in Portugal and China and exports 90% of its production. Its client base includes high-end brands such as Porsche, Ferrari, Bentley and BMW. The firm employs 330 people.
People
Alantra Private Equity – David Santos (partner).
MD Moldes – Manuel Domingues (CEO).
Latest News
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Multi-family office has seen strong appetite, with investor base growing since 2016 to more than 90 family offices, Meiping Yap told Unquote
Permira to take Ergomed private for GBP 703m
Sponsor deploys Permira VIII to ride new wave of take-privates; Blackstone commits GBP 200m in financing for UK-based CRO
Partners Group to release IMs for Civica sale in mid-September
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
Change of mind: Sponsors take to de-listing their own assets
EQT and Cinven seen as bellweather for funds to reassess options for listed assets trading underwater