ZEUGMA shareholders sold 100% of its shares to IAR Group Holding
Lisbon – Corporate Finance International (’CFI’) is pleased to announce that they acted as financial advisor to the shareholders of ZEUGMA in the sale of 100% of their shares to IAR Group Holding.
ZEUGMA is a global provider of customized industrial solutions for industrial machines, equipment, systems and services in the fields of automation, process control, industrial robotics, industrial information technologies and mechanical engineering. The company has a special focus on packaging solutions.
IAR Group is a newly created international group, by the acquisition of 3 companies active in the fields of industrial automation and robotics. The group has operations in Switzerland, Portugal and USA. IAR Group provides a wide range of products and services for the factory automation and packaging industry. The newly formed group has an enormous potential for the future, being active in a growth market and being able to offer this market innovative, scalable and adaptable automation solutions.
“Great competence, perseverance, resilience and a great commitment to being part of the solution. I recommend 100%!” – Raul Espírito Santo, Zeugma CEO
“CFI worked very professionally from the beginning, starting with the submission of very well prepared documents introducing the company. Throughout the process, we could count on Joao Santos’s experience, which allowed us to move the project forward in a fast way. I can only recommend the services of CFI.” – Sébastian Perroud, IAR Group Holding CEO
ZEUGMA’s shareholders hired CFI in 2018 to sell the company through an international process that was led by the Portuguese Team, amongst international industrials and private equity firms. The company showed great resilience to the COVID-19 pandemic, and the process resulted in a successful transaction with IAR GROUP on October 20th , 2021.
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