What we did

Capitalmind Investec was appointed to support Areva T&D’s M&A team in the conduct of this divestiture process. Capitalmind Investec’s mandate was to find an industrial player able to develop the company on a long term basis in order to secure the business and its local footprint.

After a few weeks of preliminary discussions with several potential buyers (US, French and European), Tridelta had been considered as the key industrial partner presenting a long term oriented strategy.

About the deal

Based in Bagnères de Bigorre (South of France), Areva Parafoudres is a €15m company specialized in the design, manufacturing and testing of surge arresters for distribution & transmission electrical networks.

Tridelta is a German industrial diversified group, competing with Areva Parafoudres through its surge arrester subsidiary: Tridelta Überspannungsableiter, a surge arrester specialist holding a strong reputation on the high voltage market.

The combination of Tridelta and Areva Parafoudres creates a leading European surge arrester pure player, with 2 industrial sites. The transaction pairs two industrial players with a perfect strategic fit (product range, customer basis, industrial culture, size of the businesses and potential synergies).

Target Headquarter
January 2010