3i宣布出售Etanco，交易金額約1.02億歐元

　　3i Group plc (簡稱”3i”)以及由3i管理的基金宣布已經達成併購協議要出售所投資的Etanco公司(法國、義大利和東歐知名的建筑扣件和緊固系統開發、制造和經銷商)給其執行長Ronan Lebraut和由Intermediate Capital Group (簡稱“ICG”)所支持的的管理團隊。3i將因此獲得約1.02億歐元的收入，比其2018年3月31日所評估的7,500萬歐元還要高出36%。

　　總部鄰近巴黎，擁有800名員工，Etanco在比利時、義大利和東歐都有經銷據點且透過其義大利子公司Friulsider 出口至全球20多國。Etanco提供達80,000種產品，可滿足建筑產業的各式緊固需求。

　　3i于2011年投資Etanco。自那時起，該公司就透過併購持續成長。Etanco成功地實現銷售團隊的效益優化進程并重新專注在出口管道部分，因此創造出每年20%的出口成長，進一步鞏固在法國和義大利市場的地位。在3i的投資期間，該公司也併購了波蘭和羅馬尼亞的緊固件大廠，在該區域取得穩固市佔率。

　　3i Announces Sale of Etanco Generating Proceeds of c. €102m

　　3i Group plc (“3i”), and funds managed by 3i, announce that they have entered into a sale and purchase agreement to sell their investment in Etanco, the leading designer, manufacturer and distributor of building fasteners and fixing systems in France, Italy and Eastern Europe, to its CEO Ronan Lebraut and management team supported by Intermediate Capital Group (“ICG”). Proceeds to 3i will be c. €102m, which represents a c. 36% uplift on its 31 March 2018 valuation of £66m / €75m.

　　Headquartered near Paris with 800 employees, the company has distribution entities in Belgium, Italy and Eastern Europe and exports to more than 20 countries through its Italian subsidiary, Friulsider. Etanco provides a broad range of 80,000 products which meet all the fastening needs of the “building envelope”, including waterproofing, roofing, cladding, facades and safety lines.

　　3i invested in Etanco in 2011, alongside Ronan Lebraut and Five Arrows Principal Investment. Since then, the company has grown organically and through acquisitions. Etanco successfully delivered a sales force effectiveness optimisation programme and refocused its export approach, resulting in a 20% annual growth of exports while further cementing its leading positions in the French and Italian markets. During 3i’s investment period, the company also pursued a buy-and-build strategy notably with the acquisitions of leading fastening players in Poland and Romania to establish a solid presence in this region.