Portfolio company news

All Group media enquiries should be directed to
Vanessa Maydon, Corporate Affairs Director.

Cinven Partners LLP
Warwick Court
Paternoster Square
London EC4M 7AG

 

Tel: +44 (0)20 7661 3325
Mob: +44 (0)7802 961 902
Email: Vanessa Maydon

Press releases

Tractel
6 October 2015

Cinven completes acquisition of Tractel

Cinven has today completed the acquisition of Tractel, the global player in lifting & handling and working-at-height products, for an undisclosed consideration.

Cinven's Industrials and French teams identified Tractel as an attractive investment opportunity on the basis of its market leading position across several segments, its strong reputation for quality and safety, its organic growth prospects given the expected upturn in the construction industry across Europe and the US; as well as selective acquisition opportunities given the fragmented nature of the industry.

Tractel represents the 13th investment from Cinven's Fifth Fund.