February 10, 2015
Translink Corporate Finance announces the acquisition of the assets of “A-T-Armaturen Technik GmbH”, an innovative manufacturer of high pressure valves, by British “Severn Glocon Group plc”, a leading firm of engineered valve products and services. The shareholders of A-T-Armaturen Technik GmbH will hold a minority position in a newly formed entity majority owned by Severn Glocon Group plc. Translink acted as the exclusive financial advisor to Severn Glocon Group plc.
Severn Glocon Group plc is a leading manufacturer of industrial valves founded in Gloucester, UK in 1959. With over 50 years’ experience, Severn Glocon Group plc. provides world-class engineered valve products and services to plant operators all around the globe. The company currently employs more than 750 experts across seven service centers and fourteen international sales offices. Severn Glocon Group plc continues to invest in innovative technologies and facilities around the world to enhance their position as the full package technical provider for the Oil & Gas, Power, LNG and Renewable Energy markets.
Based in Oberhausen, Germany, A-T-Armaturen Technik GmbH is an innovative and “engineering-centered” manufacturer of high pressure valves. The company was founded in 1995 and currently employs 21 people. A-T-Armaturen Technik today has cooperation partners and customers across the entire globe. The product portfolio consists of a broad array of standard and tailor-made valves and includes turbine regulation stations, control valves, steam valves, bypass valves, gate valves and check valves.
Severn Glocon Group believes there are significant synergies between the two businesses and that the acquisition will bring mutual benefits. This strategic acquisition also enhances the Group’s core capabilities and will further strengthen its global positioning. For A-T-Armaturen Technik this deal expands their product portfolio and gives them the ability to offer customers a broader know-how in different countries and disciplines.
Contact our Team Members advising in this transaction:
Translink Corporate Finance GmbH & Co. KG with its offices in Frankfurt and Bremen covers Translink’s business in Germany, Austria and Switzerland. It is composed of seasoned finance and M&A professionals who have in-depth experience in a variety of sectors and disciplines.
Managing Partner Translink Germany
Translink UK is an active and very experienced M&A advisor comprising over 20 individuals across four locations. They work extensively on cross border transactions across a number of sectors. A breadth and depth of experience including industrial positions and within private equity underpins a real focus on client outcomes and drives the effective and practical delivery of corporate transactions.