Alimak Group AB Acquires Tractel from Cinven for ~€500m
August 2, 2022
Alimak Group AB has agreed to acquire Tractel, a Luxembourg-headquartered specialist in working-at-height safety solutions and services, from private equity firm Cinven for an enterprise value of approximately €500 million. The deal combines Alimak’s vertical access business with Tractel’s product and service portfolio to create a larger global provider of height-safety and access solutions, subject to customary regulatory approvals.
- Buyers
- Alimak Group AB
- Targets
- Tractel
- Sellers
- Cinven
- Industry
- Industrial Services
- Location
- Luxembourg
- Transaction Type
- Buyout
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