Vespa Capital LLP, the UK-based private equity firm, Cathay Capital Private Equity, a France-based private equity firm, and Perspectives et Innovation, a France-based investment holding company having interest in manufacturers of cremation ovens, filtration systems and waste incinerators, has agreed to acquire ATI Environnement, a France-based manufacturer of cremation ovens, filtration systems and waste incinerators, from Mr. Philippe Berchon, a France-based private individual having interest in manufacturers of cremation ovens, filtration systems and waste incinerators, for an undisclosed consideration.

Post acquisition, Vespa will hold the majority stake in ATI. ATI is expected to generate annual revenue of EUR 25m in 2016.

UPDATE 21 March 2016: Vespa Capital LLP, Cathay Capital Private Equity and Perspectives et Innovation have completed the acquisition of ATI Environnement from Mr. Philippe Berchon.

Advention Business Partners

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