BOSTON, January 10, 2012 - C.W. Downer & Co., the leading global middle-market investment bank within the Material Handling sector, is pleased to announce that AAC Capital Partners has completed the sale of FlexLink Holding AB to the Coesia Group.
Based in Gothenburg, Sweden, FlexLink AB is the leading global provider of production logistics solutions to the FMCG, electronics, healthcare, and automotive industries. The company offers a comprehensive range of proprietary conveyor technologies as well as turnkey systems, after-sales services, and support. FlexLink’s footprint spans Europe, the Americas, and Asia Pacific and represents one the few truly global players in the industry.
Gerben Kuijper, Chairman of AAC Capital Partners commented, “We are very pleased with outcome of this transaction. Thanks to C.W. Downer’s intimate knowledge of the global strategic buyer universe, we were able to successfully complete this deal despite the rather turbulent macro environment.”
Mattias Perjos, CEO of FlexLink stated, “Working closely with the C.W. Downer & Co. team for the better part of 2011, I have been impressed with their understanding of our business, their in-depth sector expertise, and the commitment that the entire team provided throughout the whole process.”
Frank Merkel, Co-Head of C.W. Downer’s Material Handling Practice remarked, “FlexLink is an outstanding company within the material handling industry. It has a strong management team in place which will provide Coesia with an excellent platform to further grow Flexlink’s presence as the leading production logistics provider worldwide.”
The C.W. Downer & Co. transaction team included Frank Merkel (Managing Director & Partner), Mike Howell (Managing Director & Partner), Michaela Wieser (Vice President), Christian Lang (Associate) and Stefan Meier (Analyst).
About C.W. Downer & Co.
C.W. Downer & Co. is an independent, global investment bank offering middle-market clients a high level of personal attention coupled with 35 years of international execution experience. We provide insight, not just information. We generate value, not just transactions. With seven fully integrated offices on four continents, we consistently identify the most appropriate strategic buyer and uncover “hidden” acquisition targets. C.W. Downer & Co. delivers the reach of a bulge-bracket investment bank with the senior level focus of a boutique. For more information, visit http://www.cwdowner.com.
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Mike Howell, Managing Director & Partner
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