CFI France is pleased to announce that they acted as exclusive financial advisor to Vallourec Shareholders in the sale of Vallourec Fittings to Allied International
Paris – CFI France is pleased to announce that they acted as exclusive financial advisor to Vallourec Shareholders in the sale of Vallourec Fittings to Allied International.
VALLOUREC is the world leader in premium tubular solutions primarily serving the energy markets (oil and gas, powergen). Its expertise also extends to the Industry sector (mechanicals, automobile, construction etc.).
VALLOUREC FITTINGS is a global manufacturer of pipe fittings aiming to complete the offer of distributors to contractors in the Oil & Gas, Power Generation and Industrial markets with a premium quality offer.
ALLIED INTERNATIONAL SRL produces and markets fittings, pipes and flanges for oil installations, gas pipelines, shipyards, chemical and nuclear installations and, through a yearly production capacity of 73,000 tons and an average stock of 50,000 items ready for shipping, can satisfy any demand.
ALLIED GROUP is a worldwide leading group in the production and distribution of fittings, flanges, pipes and related products.
ALLIED GROUP comprises ALLIED NORTH AMERICA, based in the US and focused on the American market, and ALLIED INTERNATIONAL GROUP, based in Italy and aimed to develop the business in Europe and other markets in the rest of the world.
CFI France has been mandated by Vallourec Shareholders to act as their exclusive financial advisor.
CFI France initiated discussions and negociations with a range of European strategic buyers in a process that ultimately resulted in a successful transaction with ALLIED International Group.
The transaction closed on 26. April 2018.
Industrials
has sold Vallourec Fittings to
Transaction details
VALLOUREC, a world leader in premium tubular solutions primarily serving the energy markets has sold Vallourec Fittings to ALLIED GROUP, which is a worldwide leading group in the production and distribution of fittings, flanges, pipes and related products.
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