Seves Group S.à r.l.
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Seves Group S.à r.l. - overview
Established
1928
Location
-, -, Luxembourg
Primary Industry
Materials
About
Founded in 1928 and based in Luxembourg, Seves Group S. à r. l. manufactures glass blocks for architectural and interior design applications.
In June 2024, Blackstone Group agreed to acquire Seves Group S. à r. l. from Triton Partners.
The firm, as of July 2024, has deployed over 600 million insulators worldwide, with more than 120 active patents and customers in over 150 countries, and is led by its CEO, Erik Göthlin. The company specializes in overhead line insulation technology. Sediver engages in designing and manufacturing a range of glass block products tailored for various applications including HVAC, HVDC, extreme pollution environments, and distribution and railway sectors. It also provides high-voltage porcelain insulators for power transmission, distribution lines, and substations.
The June 2024 acquisition will enable Seves Group S. à r. l. to expand its product offerings and accelerate growth.
Current Investors
Triton
Primary Industry
Materials
Sub Industries
Heating, Cooling & Ventilation Equipment and Services, Glass
Website
www.seves.com
Verticals
Manufacturing
Company Stage
Mature
Total Amount Raised
Subscriber access only
Seves Group S.à r.l. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Secondary Buyout | Completed | Seves Group S.à r.l. | - | ||||||||
| Buyout | Completed | PPC Austria Holding GmbH | - | ||||||||
| Corporate Carve Out, Secondary Buyout | Completed | VITRABLOK | - | ||||||||
| Secondary Buyout | Completed | Seves Group S.à r.l. | - | ||||||||
| Trade Sale | Completed | PPC Austria Holding GmbH | - |
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