Marta Vera
Norgestion
TECNO FAST GROUP
Deal Type
Acquisition
Sector
Industrials
Completion Date
12th December 2023
Deal Value
€68m
Company Background
TECNO FAST is a leading Chilean company in the design, manufacture, assembly, rental and sale of modular spaces. By the end of 2022, TECNO FAST acquired 100% of the capital of the Barcelona-based company, ALCO RENTAL. The group has six factories, four of them in Chile, in Santiago (3) and Puerto Varas (1), in Peru (1) and another in Spain. It completes its network with more subsidiaries in Brazil, Argentina, Colombia and the United States. TECNO FAST has a workforce of 1,448 employees.
Deal Summary
NORGESTION has acted as exclusive financial advisor to TECNO FAST GROUP in the acquisition of 85% of BALAT. The investment in BALAT has been strategic, having acquired the second largest player in the rental and sale of prefabricated modules in Spain (with more than 50 years, operating in more than 15 countries).
Latest Mergers Alliance News
Dresner Partners (USA) advised Sandin Manufacturing on its strategic partnership with MultiTech Industries, a portfolio company of Argonaut Private Equity
Ethica Group – Ethica M&A Advisory (Italy) with CM Engineering in the sale of the majority to VINCI Energies Italia
Proventis Partners (DACH region) advised global packaging leader TricorBraun on its acquisition of Glassland GmbH
Proventis Partners (Switzerland) advised F. Hunziker + Co AG on its sale to Amapharm GmbH
Ethica Group assisted 21 Invest, in the acquisition of a majority stake in Omega Pharma, a leading Italian company in production and distribution of food supplements.
Proventis Partners acted as exclusive M&A advisor to Sukano, leading manufacturer of additive and color masterbatches, on its acquisition of a majority stake of KAYS Kft
