Transaction Details

July 1, 2013
Milan

Sector

Industrials and Industrial Technology, Energy

Deal Type

M&A

Deal Value

N/A

Deal Team

Noël Forgeard, Philippe Doré, Florent Obry, Carlo Dawan, Alessandro Soprano, Riccardo Colombo

Arjil & GCA Altium (Paris and Milan) acted as exclusive financial advisor to Hutchinson on its acquisition of Gasket International from Mandarin Capital Partners and Gasket Technology.

Gasket International specializes in designing and manufacturing valve sealing system components for the Oil & Gas market. The company achieved revenues of 72 M€ in 2012. A majority of Gasket International’s share capital was acquired in 2008 by Italian PE fund Mandarin Capital Partners.

Hutchinson, fully owned by the French listed group TOTAL, is the world leader for thermoplastic elastomer and rubber solutions for the aerospace, automotive, defense, oil & gas and railroad markets. Hutchinson generated over €3bn revenues in 2012, with more than 30,000 employees across 95 sites in 23 countries.

Related Transactions

Previous Next
All transactions