Transaction

Clearwater advises Latour Industries on the acquisition of Vimec

Transaction

Latour Industries acquired Vimec

Buy-side

€40m

Role

Adviser to Latour Industries on the acquisition of Vimec

Sector

Industrial & Chemicals

Region

Sweden

Clearwater advised Latour on the acquisition of Vimec Srl, a manufacturer of platform lifts and stair lifts with head offices in Luzzara, Italy.

Latour Industries has signed an agreement to acquire all of the shares in Vimec Srl. Vimec is a well-known quality supplier of lifts with a strong position both in Italy and several other European countries. Latour Industries is a subsidiary to Investment AB Latour, which focuses on growing industrial companies to become their own business areas within the Latour Group.

image 85

Vimec complements Latour’s current subsidiary Aritco very well. By owning two leading players, Latour will achieve a strong position in the European accessibility lift market.

Oscar Coster, Director, Clearwater

Advisers