Astorg acquired Surfaces Technological Abrasives from Xenon Private Equity

Fineurop Soditic advised Astorg Partners in the acquisition of a further 40% stake in Surfaces Technological Abrasives from the private equity firm Xenon.

Established in 1980 and based near Vicenza, ADI is a leading player in diamond tools addressed to a wide number of industries. The transaction will create a new leading group in the abrasives technology business with total sales of around €55 million. Fineurop Soditic assisted Surfaces Technological Abrasives, leading Italian provider of ceramics-working equipment controlled by the P.E. fund Xenon Private Equity VI, in the acquisition by ADI.

 

All transactions