CFI advised Andlinger & Company on the acquisition of Clesse Industries from Aalberts Industries

Amsterdam – CFI acted as the exclusive corporate finance advisor to Andlinger & Company on the acquisition of Clesse Industries from Aalberts Industries.

Andlinger & Company is an international group of private investors with offices in Brussels, Vienna, New York and Florida.

From its offices in France, UK, Italy and Brasil, Clesse Industries designs, manufactures and supplies worldwide, products for LP Gas (Butane-Propane), Natural Gas, Biogas and Synthetic Natural Gas installations. Their product range is focused on gas regulators, valves, fittings and safety accessories, to be installed on networks, tanks, cylinders and pipes. They are marketed under the highly renowned brands: Clesse and Novacomet. With more than 60 years of experience, and at the forefront of innovation and development, Clesse Industries is widely recognized as the reference for quality and for reliability to the professionals in the Gas Industry.

Andlinger acquired Clesse from Aalberts Industries. Aalberts Industries, founded in 1975 and listed on the stock exchange since March 1987, is an worldwide active specialist in industrial products, systems and processes with high-quality technical knowledge generating over Eur 2 billion of revenues. The company develops solutions for diverse customer needs, divided into the businesses Building Installations, Climate Control, Industrial Controls and Industrial Services.

CFI worked closely with the Brussel based investment team of Andlinger to run a highly effective transaction process. CFI initiated and facilitated discussions and negotiations between Andlinger & Company and Aalberts Industries N.V., which ultimately resulted in a successful transaction which closed in December 2014.