
Ahlsell deal boosts construction sector value total

The construction & materials sector has seen €1.9bn worth of private equity deals being completed since January, exceeding the overall amounts invested in other industrial sub-sectors.
The next highest cumulative value is found in the category of general industrials, including packaging, where total investments amount to around €940m.
But the construction industry has been boosted by one deal in particular. The tertiary buyout of tools and construction materials company Ahlsell is the second largest deal 2012 has seen to date. CVC Capital Partners acquired the company for €1.8bn from Cinven and Goldman Sachs Capital Partners. The selling parties had bought Ahlsell for €1.3bn from Nordic Capital in 2006.
In volume terms, however, the electronic & electrical equipment sector proved to be the most attractive, with 23 buyouts completed since the beginning of the year – against nine for the construction & materials sector. With investments worth an overall €725m, the electronic & electrical equipment industry was the third most active industrial sector in value terms.
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