Officine Maccaferri Expands North American Footprint with Synteen Acquisition
Deal News | Feb 06, 2025 | Ambienta
Officine Maccaferri, a portfolio company of private equity firm Ambienta, has acquired Synteen Technical Fabrics, a move aimed at strengthening its presence in North America. The acquisition is expected to enhance Officine Maccaferri's market position and operational capabilities in the geosynthetics industry. It represents a strategic effort to consolidate market share and expand its product offerings. Synteen's assets and expertise in technical fabrics align with Officine Maccaferri's long-term business objectives and growth strategy in the region.
Sectors
- Geosynthetics and Technical Fabrics
- Private Equity
Geography
- North America – The acquisition aims to strengthen Officine Maccaferri's market presence in North America.
Industry
- Geosynthetics and Technical Fabrics – The acquisition of Synteen Technical Fabrics by Officine Maccaferri underscores activity in the geosynthetics and technical fabrics industry as both companies engage in producing specialized fabric solutions.
- Private Equity – The involvement of the private equity firm Ambienta in this transaction highlights the role of investment firms in acquiring companies to grow portfolio companies.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Officine Maccaferri | Acquirer | Company | A portfolio company of Ambienta focusing on geosynthetics. |
| Synteen Technical Fabrics | Target Company | Company | A company specializing in technical fabrics, acquired by Officine Maccaferri. |
| Ambienta | Private Equity Firm | Company | The private equity firm backing Officine Maccaferri. |