Consilium has sold Douglas Holding to Cameron
Consilium SGR p.A. (“Consilium”) has sold its shares in Douglas Holding S.r.l. (“Douglas”) to Cameron International Corporation (“Cameron”). The terms of the transaction were not disclosed.
Douglas, based in Carpaneto Piacentino, Italy, is a leading global designer, engineer and manufacturer of forged steel valves and piping equipment. Douglas has sales of about €30m, 90% of which are outside Italy. Its global customers include the major engineering, procurement and construction (“EPC”) and oil and gas companies.
Douglas was formed in 2010 by the merger of Douglas Chero and Douglas Italia. Consilium acquired its 75% stake in 2007 from the Baldini family who held the remaining 25% shareholding.
Julian Tunnicliffe, Managing Director at Lincoln International, commented: “Douglas, under the ownership of Consilium, has become a leading manufacturer of high integrity valves for the most demanding global customers. Its sale to Cameron, an acknowledged world-class manufacturing business, will enable it to further develop its geographic reach.”
“Lincoln is delighted to have advised Consilium on Lincoln’s first Italian transaction since opening its office in Milan.”
About Consilium
Consilium is an independent private equity firm, wholly owned by its partners, that invests in small to medium sized companies in Italy.
About Cameron
Cameron is a Fortune 500 company, listed on the New York Stock Exchange, that provides flow equipment products, systems and services to worldwide oil, gas and process industries.
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