EQUITA assisted OSTP

K Finance - Mid-market M&A advisory
OSTP 1920X1080
OSTP 1920X1080

OSTP has sold its "Threaded Fittings (THF)" manufacturing division to a Swedish family group. The transaction is an important step for OSTP in implementing its strategy to focus primarily on stainless steel industrial plant pipes and related accessories.

THF's current management will continue to run the business under the new ownership.

K Finance, an Italian partner of Clairfield International, served as advisor to OSTP.

The transaction in a nutshell

2014 01 Tombstone OSTP

The transaction is an important step for OSTP in implementing its strategy aimed at focusing primarily on stainless steel industrial plant pipes and related accessories.

Client:
OSTP
Date:
January 2014
Mandate:
OSTP has sold its threaded fittings manufacturing division to a Swedish family group.
Role:
Financial Advisor
Value:
Undisclosed
Typology:
M&A advisory
Advisor:
EQUITA Mid Cap Advisory

The company

OSTP is a joint venture between Tubinoxia and Outokumpu Group that manufactures welded stainless steel tubular goods. The THF unit consists of the units Nords in Sweden; Ratas AS in Estonia; and E SH Trade Oy, in Finland. THF has about 14 million euros in revenues and about 100 employees.