Surfaces

Fineurop Soditic acted as exclusive financial advisor to the France-based private equity firm Astorg, in the acquisition of a majority stake in Surfaces Technological Abrasives from the private equity firm Xenon Private Equity. Surfaces Technological Abrasives is a world leading manufacturer of abrasive products for the treatment of lapping of the ceramics. Surfaces generated 2016 sales of approximately Euro 60 million. The Company has recently acquired ADI, a leading provider ceramics-working equipment, headquartered near Vicenza. The transaction represents the second investment of Astorg in Italy. The firm aims at creating a worldwide industrial provider in the abrasives technology business able to supply solutions addressed to a wide number of industries.