trending Market Intelligence /marketintelligence/en/news-insights/trending/-bQyLpW_V_JZTExpUXuaXA2 content esgSubNav
In This List

Silverfleet Capital Partners buys majority stake in European hose manufacturer

Podcast

Street Talk Episode 87

Blog

A New Dawn for European Bank M&A Top 5 Trends

Blog

Insight Weekly: US banks' loan growth; record share buybacks; utility M&A outlook

Blog

Banking Essentials Newsletter 2021: December Edition


Silverfleet Capital Partners buys majority stake in European hose manufacturer

London-based private equity firm Silverfleet Capital Partners purchased a majority stake in BOA Purified Solutions and BOA Purified Solutions & BOA Flexible Solutions from BOA Holding GmbH, or BOA Group, for an undisclosed sum.

Following the acquisition, the two complementary businesses will rebrand as BOA CoreDux and will operate in Chateau-Thierry, France and Tilburg, the Netherlands.

BOA Purified Solutions manufactures ultra-purified hoses and systems that are mainly used in high-tech and health technology sectors, while BOA Flexible Solutions manufactures metallic flexible hoses used to transport gases and fluids in high-temperature and high-vibration environments.

BOA CoreDux aims to continue its growth through the expansion of its product mix, boosting its market share and entering new markets, according to a Sept. 16 release.

Muzinich & Co. and Rabobank offered debt financing for the deal.

Advancy was commercial adviser to Silverfleet, while De Brauw Blackstone Westbroek and Ropes & Gray were its legal advisers. ERM and Intuitus advised Silverfleet on environment and IT, respectively, while PwC provided it with financial, carve-out, tax and debt advisory.