Industrials
Vignal Systems on its sale to Eurazeo PME
Background
Steen Associates, based in Frankfurt and London, advised the shareholders of Vignal Systems on the sale of the company to Eurazeo PME. The transaction was announced earlier in the year and successfully completed in February 2014.
About the transaction
The sale to Eurazeo PME provides Vignal Systems with a strong financial partner to support its next phase of development. The transaction reflects Vignal’s established market position and growth potential within specialised automotive signalling solutions, and enables continued investment in product development and international expansion.
About the client
Vignal Systems designs, manufactures and distributes signalling and lighting products, primarily for trucks and other commercial vehicles. The company is headquartered in Vénissieux and Corbas, France, and employs approximately 230 people. Vignal is recognised for its technical expertise and long-standing relationships with vehicle manufacturers and industry customers.
Date:
February 2014
Service:
Sell side
Size:
€50m
Deal locations:
