Sell-side advisory

Advisor to Portobello Capital on the sale of Laulagun Bearings

AZ Capital has advised Portobello Capital on the sale of Laulagun Bearings S.A., a Spain-based company engaged in manufacturing slewing rings to Groupe Legris Industries, a Belgium-based provider of fluid circuits and turnkey services.

With this acquisition, Groupe Legris Industries is enhancing its growth and pursuing its industrial diversification strategy through business integration. As part of Groupe Legris Industries, Laulagun Bearings will reinforce its strategy to become a preferred global and reliable supplier for its customers. Laulagun Bearings has two industrial sites in Spain, including an R&D center in Idiazabal, and is currently setting up a new factory near Chennai (India).

Sector: Industry