FRANCE - Siparex backs the buyouts of two contruction suppliers
Sigefi Private Equity (of the Siparex group) has backed the buyout of siding and roofing steel accessories manufacturer Comat, and of pre-insulated pipes maker Solice.
Based near Angers, Comat recorded sales of over EUR 27m in 2005. The company hopes to automate its production site and to make strategic acquisitions.
Lyon-based Solice aims to achieve EUR 30m of revenues this year thanks to its expansion into the growing markets of Spain and Italy.
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