Officine Maccaferri Acquires Synteen Technical Fabrics, Expands North American Footprint
Deal News | Feb 06, 2025 | Ambienta
Ambienta's platform company, Officine Maccaferri, has made a strategic acquisition of Synteen Technical Fabrics, a leading US-based producer of high-strength polyester geogrids and fabrics. This acquisition significantly strengthens Officine Maccaferri's presence in the North American geosynthetics market, a sector critical for long-term international growth. Synteen's innovative product lineup is essential in the transition to sustainable, low-emission engineering solutions, particularly in infrastructure. This acquisition by Officine Maccaferri is a key step in expanding its market reach and enhancing its product offerings with the growing demand for eco-friendly construction materials.
Sectors
- Geosynthetics and Construction Materials
- Private Equity
Geography
- North America – The acquisition targets the North American market, crucial for Officine Maccaferri's strategic expansion and market presence.
- United States – Synteen Technical Fabrics is based in the USA, emphasizing the geographical focus of the acquisition.
Industry
- Geosynthetics and Construction Materials – The article discusses the acquisition of Synteen Technical Fabrics, a company involved in producing polyester geogrids and fabrics, which are used in the geosynthetics industry for infrastructure projects.
- Private Equity – Ambienta, the private equity firm, owns Officine Maccaferri, highlighting the role of private equity in strategic acquisitions and corporate growth in the geosynthetics sector.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Officine Maccaferri | Bidding Company/Buyer | Company | An Ambienta platform company focusing on geosynthetics and infrastructure solutions. |
| Synteen Technical Fabrics | Target Company | Company | A leading US-based manufacturer of high-strength polyester geogrids and fabrics for the geosynthetics industry. |
| Ambienta | Private Equity Firm/Owner | Company | A European private equity firm investing in sustainable businesses, owner of Officine Maccaferri. |