Ambienta acquires Majority Stake in SF-Filter AG
We have provided legal assistance to Ambienta in acquiring a majority stake in SF-Filter AG, Zurich; the SF-Filter group is a successful specialist for filter solutions with yearly sales of about CHF80 million.
Ambienta is a leading European private equity fund operating out of Milan, Düsseldorf and London, focused on industrial growth. Ambienta invests in companies driven by environmental trends. With funds under management of over EUR500 million, it is the largest European private equity fund operating in its field.
Ambienta will support SF-Filter in its expansion strategy, particularly via add-on acquisitions in other European countries. Moreover, SF Filter plans to strengthen its workforce, especially in the field of distribution, marketing and sales in order to grow organically.
Nino Tronchetti Provera, Managing Partner and Co–Founder of Ambienta commented: “We are delighted to partner up with SF-Filter and its management team. SF-Filter represents one of the largest investments in the history of our firm and already the third investment in the German speaking region over the last 12 months; with an aggregated enterprise value of about EUR200 million."
The cross-border Baker & McKenzie team advising Ambienta was led by Martin Frey and Markus Affentranger (Zurich) with assistance from Associates Petra Hanselmann, Timo Leis, Matthias Trautmann, Philip Spoerlé. The German, Austrian, French and Polish offices supported the transaction.