The u.s. fund Bain Capital has announced the April 21, resume to LBO France, the group Consolis, the leader in the precast concrete.
The investment firm LBO France has sold the group Consolis, a leading european manufacturer of concrete products, precast, u.s. fund Bain Capital, according to a news release issued Friday, April 21. The amount of the transaction was not disclosed.
Resulting from the merger in 2005 between the French Bonna Sabla, and the scandinavian Consolis Oy, Consolis, based in La Défense (Paris), had been acquired by LBO France in 2007. The latter had put Consolis on sale in march 2016 and had entered into exclusive negotiations with Bain Capital Private Equity in December.
Present in the construction sector in Northern Europe, and in the sectors of rail and infrastructure in Europe, North Africa and South-East Asia, Consolis operates a total of thirty countries and employs approximately 10,000 people. It has a turnover of 1.4 billion euros in 2016.