Cases & Deals

  • Home
  • Practices
  • AGIC Capital sells Gimatic Srl to Barnes Group for €370 million (US$432.2 million)

Share

AGIC Capital sells Gimatic Srl to Barnes Group for €370 million (US$432.2 million)

October 2018

Client(s) Asia-Germany Industrial Promotion Limited

Jones Day advised Asia-Germany Industrial Promotion Limited ("AGIC Capital"), a leading European-Asian private equity firm focused on equity investments in controlling interests and qualified minorities, in connection with its sale of Gimatic Srl to Barnes Group Inc. for €370 million (US$432.2 million) in cash. Gimatic Srl is the leading Italy-based supplier of "EOAT" (end-of-arm tools) for industrial automation and robotic applications.

Jones Day also previously acted as counsel to AGIC in its acquisition of Gimatic two years ago. This current exit by AGIC represents a four times return in value of investment.

Contacts

Before sending, please note:

Information on www.jonesday.com is for general use and is not legal advice. The mailing of this email is not intended to create, and receipt of it does not constitute, an attorney-client relationship. Anything that you send to anyone at our Firm will not be confidential or privileged unless we have agreed to represent you. If you send this email, you confirm that you have read and understand this notice.