Officine Maccaferri Expands in North America with Synteen Acquisition
Deal News | Feb 06, 2025 | Ambienta
Officine Maccaferri, a platform company under the European private equity firm Ambienta, has acquired Synteen Technical Fabrics, a strategic move that enhances its market position in North America. This acquisition reflects Ambienta's focus on investing in environmentally sustainable businesses and aligns with its long-term strategy to capitalize on growth opportunities in the technical textile sector. Synteen, known for its high-performance technical fabrics, complements Officine Maccaferri's innovative geosynthetic solutions, enabling expanded customer reach and market penetration across North America. The transaction underscores a significant step in Officine Maccaferri's growth trajectory under Ambienta’s ownership, reinforcing its commitment to sustainability and environmental innovation.
Sectors
- Private Equity
- Technical Textiles
- Environmental Sustainability
Geography
- North America – The acquisition of Synteen Technical Fabrics bolsters Officine Maccaferri's presence in North America.
- Europe – Ambienta is a European private equity firm, which indicates its geographical focus and origin.
Industry
- Private Equity – Ambienta is a European private equity firm, and its involvement in acquiring Synteen Technical Fabrics exemplifies activity within the private equity sector.
- Technical Textiles – Synteen Technical Fabrics operates within the technical textiles industry, which specializes in high-performance fabric applications.
- Environmental Sustainability – Ambienta focuses on investing in companies that contribute to environmental sustainability, which is highlighted by its investment in Officine Maccaferri.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Officine Maccaferri | Acquirer | Company | A platform company under Ambienta focusing on geosynthetic solutions and environmental innovation. |
| Ambienta | Private Equity Firm | Company | A European private equity firm investing in sustainability-focused businesses. |
| Synteen Technical Fabrics | Target | Company | A company specializing in the production of technical fabrics in North America. |