Alantra advises svt on the acquisition of Odice
ServiceM&A; Debt Advisory
Frankfurt – Alantra is pleased to announce that it has advised svt Holding, (“svt”), a portfolio company of Ergon Capital Partners III S.A. (“Ergon”), on the acquisition of PFP Group, with its company Odice SAS (“Odice”), a French market leader in fire protection.
Through the combination, svt and Odice will form a leading manufacturer of fire protection products with the most comprehensive product portfolio in Europe. The combined group employs a workforce of over 870 employees and generates a turnover of ~€200 million in over 60 countries.
Founded in 1969 and headquartered in Seevetal near Hamburg, Germany, svt is the leading provider of preventive passive fire protection products and installation management services. Furthermore, svt offers one-stop-shop services in restoration management specializing in fire, water, and natural hazard damage restoration as well as pollutant removal.
Odice has a track record of 37 years in the development, manufacture, and distribution of products for passive fire protection. The company is the leading French manufacturer of expansion joints and thermal insulators for use in fire doors and other elements. Odice also includes Securo AS (“Securo”), a specialist in passive fire protection solutions for ventilated façades, based in Verdal, Norway.
This is the third deal of the Alantra Germany team with Ergon, having supported the company on the acquisition of svt in 2017, and a subsequent add-on with Rolf Kuhn in 2018, providing both M&A and debt advisory services.
Nov 2023Sell-side advisoryNov 2023SECTOR IndustrialsService M&A
Oct 2023Strategic PartnershipOct 2023SECTOR IndustrialsService M&A; Strategic Advisory
Sep 2023Euronext Growth Advisor and Sole Global CoordinatorSep 2023SECTOR IndustrialsService Equity Capital Markets
Sep 2023Sell-side advisorySep 2023SECTOR IndustrialsService M&A