Target: Red Point Alloys
Involved Intersaction | Private Equity
Advisory sell side: DEX international M&A | M&A Advisory
De Breij | Legal Advisory
Amstone Tax Lawyers | Tax Advisory
Buyer Trillium Flow Technologies
Involved First Reserve | Private Equity
Advisory Buy side: Alvarez & Marshal | Financial Due Diligence
Date announced: 2021-03-08

Story:
Trillium Flow Technologies, a Scotland-based designer, manufacturer and aftermarket services provider of engineered valves and pumps, has acquired Red Point Alloys from its shareholders. Red Point Alloys is a Netherlands-based material isolation valves producer. Trillium is backed by First Reserve, a US-based private equity investment firm.

“I am excited to expand the Trillium Flow Technologies family and to offer our global and growing customer base an expanded range of highly engineered quick delivery flow control products. Red Point is a market leader in the fast-delivery of specialty valves, and a seamless fit within our portfolio.” — David Paradis, CEO, Trillium Flow Technologies

“I am proud that Red Point and our Employees are now part of Trillium Flow Technologies. Trillium’s worldwide sales network and expansive portfolio of highly engineered valves combined with Red Point’s streamlined processes and fast-track valve offering will create great value for both companies’ customers.” — Frank van Os, CEO, Red Point Alloys BV

Source Mena
Press release Dex
Press release Red Point Alloys