Riverside Sells PPC to Seves

The Riverside Company has agreed to sell PPC Insulators to Seves SpA for an undisclosed amount. PPC is a Vienna, Austria-based manufacturer of high voltage porcelain insulators used in the power generation, transmission and distribution industries. Seves shareholders include Ergon Capital Partners, Vestar Capital Partners, Athena Private Equity and company management. www.riversidecompany.com www.seves.com