Ardian‘s North American direct investment business has acquired Dynamic Technologies S.p.A, an Italian maker of tubing for the automotive sector. Lincoln International provided financial advice to DT on the deal.
Dynamic Technologies, a remarkable execution of a very complex transaction. It represents Lincoln’s 4th Italian disposal in the last 12 months
MILAN, ITALY – Lincoln International Srl (“Lincoln”), a leading global mid-market investment bank, is pleased to announce that Dynamic Technologies S.p.A. (“DT”) has been sold to Ardian North America Direct Buyouts, the independent private investment company.
Established in 1983, DT manufactures a large range of tubing for the automotive industry. It creates aluminum tubing and develops products such as transmission oil cooler lines, engine oil cooler lines, turbocharging cooler lines, exhaust gas recirculation, HVAC tubing and power steering tubing. Performance and reliability testing are a fundamental aspect of DT’s product development. Currently headquartered in Attimis, Italy, DT has additional operations in Canada, Hungary, Poland, Mexico, United Kingdom and China.
Walter Zonta and Gino Berti, joint group CEOs at Dynamic Technologies, commented “Lincoln generated excellent work quality and carefully managed every step of the process, helping us in structuring the deal and navigating through intense negotiations to a successful close”.
Lincoln International was retained by Dynamic Technologies Shareholders as exclusive financial advisor. Lincoln worked closely with the Company’s board of directors and management team throughout the entire sale process, from initial discussions, to a complex SPA negotiation resulting in an efficient and successful process completed in a few months.
Financial details for the transaction were not disclosed.