Milan\/London\/Paris\/Munich \u2014 Ambi\u00adenta SGR SpA (\u201cAmbi\u00adenta\u201d), one of Euro\u00adpe\u2019s largest asset mana\u00adgers focu\u00adsed on envi\u00adron\u00admen\u00adtal sustaina\u00adbi\u00adlity, has reached an agree\u00adment to sell its port\u00adfo\u00adlio company SF-Filter Group (\u201cSF-Filter\u201d), Euro\u00adpe\u2019s leading provi\u00adder of mobile and indus\u00adtrial filters, to funds advi\u00adsed by Equis\u00adtone Part\u00adners Europe (\u201cEquis\u00adtone\u201d).<\/p>\n
After Ambi\u00adenta reco\u00adgni\u00adzed the importance of the filter indus\u00adtry in driving sustaina\u00adbi\u00adlity trends, the inves\u00adtor acqui\u00adred a majo\u00adrity stake in SF-Filter in Janu\u00adary 2016. With Ambi\u00aden\u00adta\u2019s support, SF-Filter was successfully trans\u00adfor\u00admed from an owner-mana\u00adged to a manage\u00adment-led company with an expe\u00adri\u00aden\u00adced leader\u00adship team and a modern cross-natio\u00adnal matrix organization.<\/p>\n
SF-Filter is the leading Euro\u00adpean distri\u00adbu\u00adtor of mobile and indus\u00adtrial (non-auto\u00admo\u00adtive) filters for the secon\u00addary market: its 140,000 diffe\u00adrent types of filters make an important contri\u00adbu\u00adtion to redu\u00adcing pollutant emis\u00adsi\u00adons and energy consumption<\/p>\n
Under the new owner\u00adship of Ambi\u00adenta, an ERP system1 was intro\u00addu\u00adced, inte\u00adgra\u00adting all corpo\u00adrate func\u00adtions and count\u00adries; an online store was set up and expan\u00added with the aim of cove\u00adring a large part of sales. The supply chain was rede\u00adsi\u00adgned and opti\u00admi\u00adzed by redu\u00adcing the number of local warehou\u00adses while incre\u00adasing the level of service to custo\u00admers. A consis\u00adtent sustaina\u00adbi\u00adlity stra\u00adtegy was pursued with signi\u00adfi\u00adcant impact on supply chain manage\u00adment and energy and water consump\u00adtion, which were redu\u00adced by 6 percent and 31 percent, respec\u00adtively. All econo\u00admic profits were inves\u00adted in the expan\u00adsion of the company and invent\u00adories to create what is now the largest and most compe\u00adti\u00adtive one-stop store for filter solu\u00adti\u00adons in Europe.<\/p>\n
Head\u00adquar\u00adte\u00adred in Bachen\u00adb\u00fclach (Switz\u00ader\u00adland), SF-Filter today main\u00adta\u00adins distri\u00adbu\u00adtion and logi\u00adstics centers in Germany, Austria, France and Poland, and also serves a number of export markets. The company supplies over 27,000 custo\u00admers in many Euro\u00adpean count\u00adries with filters for oil, air, fuel, hydrau\u00adlics, pneu\u00adma\u00adtics, fluids, dust removal and air condi\u00adtio\u00adning. The product range compri\u00adses more than 140,000 filter types, 40,000 of which are perma\u00adnently in stock and available for deli\u00advery at any time. Milan\/London\/Paris\/Munich, 29 September
\nwww.ambientasgr.com<\/p>\n
In terms of Ambi\u00aden\u00adta\u2019s invest\u00adment stra\u00adtegy, SF-Filter is an invest\u00adment with a focus on envi\u00adron\u00admen\u00adtal protec\u00adtion. In 2021 alone, SF-Filter\u2019s products clea\u00adned 2,169 cubic kilo\u00adme\u00adters of air, equi\u00adva\u00adlent to a column of air 37 kilo\u00adme\u00adters high over the New York City borough of Manhat\u00adtan. The company\u2019s filters also puri\u00adfied 5,292 million cubic meters of water, equi\u00adva\u00adlent to the annual water consump\u00adtion of about 29 million house\u00adholds. SF-Filter\u2019s products remo\u00adved 26,266 tons of pollut\u00adants and ensu\u00adred their proper dispo\u00adsal. This is the same amount of hazar\u00addous waste that 141,000 EU citi\u00adzens produce each year. In terms of impact on the United Nati\u00adons Sustainable Deve\u00adlo\u00adp\u00adment Goals (SDGs), SF-Filter\u2019s opera\u00adti\u00adons contri\u00adbute to SDG 6 (clean water and sani\u00adta\u00adtion) and SDG 12 (sustainable consump\u00adtion and production).<\/p>\n
Stefano Bacci, Part\u00adner at Ambi\u00adenta, said, \u201cSF-Filter is a prime exam\u00adple of Ambi\u00aden\u00adta\u2019s invest\u00adment philo\u00adso\u00adphy: a first-time invest\u00adment in a company with a very strong envi\u00adron\u00admen\u00adtal focus that provi\u00addes the foun\u00adda\u00adtion for growth and stabi\u00adlity. Ambi\u00adenta has trans\u00adfor\u00admed the company through deep orga\u00adniza\u00adtio\u00adnal and opera\u00adtio\u00adnal actions that have ulti\u00adm\u00adately led to more growth and higher profitability.\u201d<\/p>\n
Daniel Infan\u00adger, CEO of SF-Filter Group, said: \u201cWe would like to thank Ambi\u00adenta for their strong support in the stra\u00adte\u00adgic realignment of our company over the past years. Toge\u00adther, we have adopted a whole set of measu\u00adres that have enab\u00adled SF-Filter Group to further conso\u00adli\u00addate its leading posi\u00adtion in Europe, increase its effi\u00adci\u00adency and custo\u00admer focus, and create sustainable value. The company is now stron\u00adger than ever and, with its new part\u00adner Equis\u00adtone, excel\u00adlently posi\u00adtio\u00adned for the next steps in its growth.\u201d
\nThe parties have agreed not to disc\u00adlose the finan\u00adcial details of the transaction.<\/p>\n
Ambi\u00adenta<\/strong> was advi\u00adsed on the tran\u00adsac\u00adtion by RW Baird (M&A sell-side), by Dechert, Niede\u00adrer Kraft Frey and Wolf Theiss on legal due dili\u00adgence, by KPMG on finan\u00adcial and tax due dili\u00adgence and by Roland Berger on commer\u00adcial due diligence.<\/p>\n Stefan Maser, David Zahnd and Roman Emanuel Hegglin are respon\u00adsi\u00adble for the tran\u00adsac\u00adtion on the part of Equis\u00adtone<\/strong>.<\/p>\n Equis\u00adtone was advi\u00adsed on the tran\u00adsac\u00adtion by Enqcor<\/strong> (M&A Advi\u00adsory), Boston Consul\u00adting Group<\/strong> (Commer\u00adcial), Alva\u00adrez & Marsal<\/strong> (Finan\u00adcial), B\u00e4r & Karrer<\/strong> (Legal & Tax), Latham & Watkins<\/strong> (Legal Germany), Howden<\/strong> (Insu\u00adrance) and Houli\u00adhan Lokey<\/strong> (Debt Advisory).<\/p>\n About Ambi\u00adenta<\/strong> Milan\/London\/Paris\/Munich \u2014 Ambi\u00adenta SGR SpA (\u201cAmbi\u00adenta\u201d), one of Euro\u00adpe\u2019s largest asset mana\u00adgers focu\u00adsed on envi\u00adron\u00admen\u00adtal sustaina\u00adbi\u00adlity, has reached an agree\u00adment to sell its port\u00adfo\u00adlio company SF-Filter Group (\u201cSF-Filter\u201d), Euro\u00adpe\u2019s leading provi\u00adder of mobile and indus\u00adtrial filters, to funds advi\u00adsed by Equis\u00adtone Part\u00adners Europe (\u201cEquis\u00adtone\u201d). After Ambi\u00adenta reco\u00adgni\u00adzed the importance of the filter indus\u00adtry in driving [\u2026]<\/p>\n","protected":false},"author":2,"featured_media":46035,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"wp_typography_post_enhancements_disabled":false,"footnotes":""},"categories":[886,1364,1365,1366,1367,1368,1369,1371,1377,2635],"tags":[],"class_list":["post-46053","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general-en","category-featured-en","category-private-equity-en","category-news-en","category-lawyers-tax-advisors-auditors-en","category-lawyers-tax-consultants-auditors","category-investors","category-deals-en","category-corporate-finance-ma","category-corporate-finance-mergers-acquisitions-en-en"],"yoast_head":"\n
\nAmbi\u00adenta is a Euro\u00adpean inves\u00adtor in envi\u00adron\u00admen\u00adtal sustaina\u00adbi\u00adlity in private and public markets. From Milan, London, Paris and Munich, Ambi\u00adenta mana\u00adges assets of more than 3 billion euros. The focus is on inves\u00adt\u00ading in private and public compa\u00adnies that are driven by envi\u00adron\u00admen\u00adtal mega\u00adtrends and whose products or services improve resource effi\u00adci\u00adency and envi\u00adron\u00admen\u00adtal protec\u00adtion. In the private equity sector, Ambi\u00adenta has made 57 invest\u00adments to date. In the public equity sector, Ambi\u00adenta has laun\u00adched one of the worl\u00add\u2019s largest abso\u00adlute return funds fully focu\u00adsed on envi\u00adron\u00admen\u00adtal sustaina\u00adbi\u00adlity and mana\u00adges a full range of sustainable products from low-risk multi-asset funds to long-only equity funds. www.ambientasgr.com<\/p>\n","protected":false},"excerpt":{"rendered":"