Nimbus Acquires Paralloy and FVC from Doncasters Group
January 8, 2020
Nimbus, a European private equity investor, has acquired Doncasters Group's Centrifugal Castings Division—comprising Teesside-based Paralloy and South Yorkshire-based FVC. Nimbus backed the senior management team led by CEO Robert McGowan and said it will use its pan‑European footprint and capital to support the businesses' growth, export plans and capability expansion.
- Buyers
- Nimbus
- Targets
- Paralloy, FVC (Firth Vickers Centrispinning)
- Sellers
- Doncasters Group
- Industry
- Manufacturing
- Location
- England, United Kingdom
- Transaction Type
- Buyout
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