Albia Capital Partners has intervened as the financial advisor in the sale of the controlling stake that Grupo TTT held in the Guipuzcoa based company TTT Ejes, a deal completed in the month of September 2014. The acquirer was the Bascotecnia company group which has been part of the TTT Ejes shareholding since 2003, and consequently this deal reinforces its strategic position in the Company.
Grupo TTT (http://www.grupottt.com) is one of the leading European groups in the heat treatment and coating activity, with a broad presence in the automotive and aeronautical industries. With this deal Grupo TTT bolsters its strategy of consolidating its traditional activity in this area.
TTT Ejes (http://www.tttejes.com) is a company based in Legazpi (Gipuzkoa) founded in 1996 which occupies a worldwide leading position in producing shock absorber piston rods for the automotive sector.
Albia Capital Partners is a Corporate Finance firm specialized in analyzing and solving different issues in relation with company ownership, such as corporate transaction advising, fund rising, or company restructuring. Albia is member of Pandion Partners, an international network of M&A advisory companies.
Fuente: Albia Capital Partners