FRANCE - 21 Centrale Partners backs buyout of Groupe Sud Robinetterie
21 Centrale Partners has led the buyout of Groupe Sud Robinetterie (GSR), a manufacturer and distributor of high-end valves for the oil & gas, petrochemical, power generation and chemical industries. The deal was supported by senior and junior mezzanine bonds provided by European Capital. The founders of GSR, the Deprat family, will maintain significant ownership of the Company.
Founded in 1978, Groupe Sud Robinetterie manufactures and sells trunnion-mounted ball valves used primarily in the upstream segment of the oil & gas industry, as well as conventional valves for a wider range of applications and industries. GSR is headquartered in Marseille and employs over 150 full-time employees.
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