NVM Private Equity has sold street lighting columns manufacturer Stainton Metal Company Ltd to Valmont Industries, a NYSE-listed group whose manufacturing activities include lighting and traffic poles, for an undisclosed sum, generating an initial return of 2.6x the capital invested and an IRR of 17.3%.
Mental health treatment compound developer is backed by investors including
Fund invests in buyouts, recapitalisations and corporate carve-outs of European businesses
Refrigeration systems business has made three add-ons since VR Equitypartner's investment in 2017
RB Ventures' Fabrice Beaulieu will take a position on the laundry company's board