Alantra advises Pexco on the sale of its Retail Business to FFR Merchandising

December 13, 2016

This closing marks the second transaction in the past month for Alantra’s Retail Display team and follows the October 2016 sale of La Fortezza, the Italian leader in Store Fixtures, to ITAB, the Swedish publicly quoted leader in the sector

Boston– Alantra has acted as the sole financial advisor to Pexco LLC, an Odyssey Investment Partners portfolio company, on the sale of its retail business to FFR Merchandising, a portfolio company of Olympus Partners. The transaction closed on November 17, 2016 and the deal value was not disclosed. The Pexco retail business has one manufacturing location in Des Plaines, Illinois that produces extruded plastic shelf signage and shelf management systems for a range of end markets including big box, dollar stores, grocery, automotive aftermarket and smaller retailers. Pexco’s retail business will bring additional North American manufacturing capabilities to FFR Merchandising, an Ohio-based supplier of high-impact merchandising solutions and accessories.

Alantra has a long history of successful transactions in the retail fixtures and displays market. Recent mandates include the 2016 sales of La Fortezza and POP Displays USA, 2015 sale of Beeline Group, the 2015 acquisition of Manor Concepts by Arneg, and 2014 sales of the majority of Leggett & Platt’s store fixtures group and Fleetwood Industries.

“Our years of work in the retail display market have given us a good understanding of the strategic buyers in the space,” said Wade Aust, Managing Director and Partner with Alantra. “The acquisition of Pexco retail enhances FFR’s manufacturing capabilities and further builds its relationships in certain end markets.”

“It was a pleasure working with the Odyssey and Pexco teams and we are pleased to have helped them complete this transaction,” said David Waldstein, Director with Alantra. “Both management teams benefitted from the strong strategic and cultural fit as they planned for future business opportunities together as one company.”

Contact

Wade Aust T: +1 617 482 6200
Managing Dir. wade.aust@alantra.com

David Waldstein T: +1 617 482 6200
Director david.waldstein@alantra.com

Patti Allan T: +1 617 482 6200
Marketing Dir. patti.allan@alantra.com

By Yago Sánchez December 13, 2016 Corporate News, Press Releases

Related Posts