Acquisition on the cards

Trail, the European private equity investment firm, has announced plans to to acquire Electropoli, a leading provider of surface treatment services in Europe, notably for the automotive industry.

Trail would complete its investment alongside the management team of Electropoli led by Jean-Paul Bos, CEO, and together with China Synergy Fund, the investment platform jointly set-up by CICC, China’s preeminent investment bank and private equity manager, and TPG, the leading global alternative investment firm.

This proposed acquisition is subject to prior information and consultation with the bodies representing Electropoli’s employees.

Xavier Marin, managing partner of Trail, said, ‘Together with our strategic partners of China Synergy Fund, CICC and TPG, we form an investment platform with strong local footprints and experience in Europe and China. We are in a position to transform small and mid-size European companies into global champions benefiting from a market presence in China, the major growth contributor to the world economy.’

Ding Wei, CEO of CICC Capital, co-manager of China Synergy Fund, said, ‘As a partner of Trail, we will allow successful European companies to grow into China with the benefit of CICC’s vast investment banking resources and strong experience as a leading private equity manager.’