Clairfield Benelux advised the shareholders of Project Coating on the sale to a Belgian PE fund

Industry

Clairfield Benelux advised the shareholders of Project Coating on the sale to a Belgian PE fund

Clairfield Benelux advised the shareholders of Project Coating on the sale to a Belgian PE fund

Advisor to seller

Project Coating

‘Project Coating’ has more than 50 years of experience in the development, production and sale of coatings for steel protection.

In 2017, the management of Project Coating had initiated the capitalisation on international growth markets while continuing to reinforce its local market share. By strengthening the assets, intangibles and R&D capabilities, Project Coating was ready to pursue growth in the future.

Considering the objective of the shareholders to exit the company, Clairfield Benelux acted as financial advisor in the sales process. The buyer is a Belgian private equity fund that created a NewCo to execute the transaction. The shareholders of Picasso reinvested.

Team members responsible for this transaction

Other Industry related transactions