Transaction

Clearwater advises FIMO Group on its acquisition of VOLX

Transaction

FIMO acquired VOLX

Buy-side

Undisclosed

Role

Adviser to Fimo ont its acquisition of Volx

Sector

Industrial & Chemicals

Region

France & Belgium
Italy

Clearwater has advised FIMO Group, part of the Wise Equity portfolio and a benchmark for the design and implementation of components and solutions for telecommunication sites, on its acquisition of VOLX, a creator of innovative solutions for architectural and landscape camouflage.

In the context of 5G deployment and accelerated telecom infrastructure development, operators and site managers must address the challenge of antenna camouflage with tailored and sustainable solutions.

For more than 25 years, VOLX has been designing, manufacturing, and installing products and camouflage solutions adapted to all types of telecommunication sites, including architectural, landscape, on monuments, and temporary sites.

Based on a strategy of continuous innovation, VOLX controls the entire value chain internally: consulting, design through its integrated Design Office, manufacturing, delivery, installation, customer follow-up and after-sales service. Thanks to its customer orientation, VOLX has implemented a real culture of continuous improvement within its teams, ensuring its competitiveness and developing its operational excellence.

FIMO Group is a world leader in the production of components and solutions for telecommunications, with a strong and growing international presence. In a constantly evolving telecommunication market, the group is committed to providing its customers with custom-designed and manufactured solutions. All the technologies offered by FIMO Group are enhanced by significant investments in R&D and optimised production processes.

The combination of FIMO Group and VOLX is the result of a common vision based on innovation to meet the expectations of the telecom market, by putting people at the heart of the business. VOLX provides a structured internal organisation along with industrial expertise, while FIMO Group provides distribution channels, especially internationally, and its ability to grow steadily and invest in R&D. By combining their talents and know-how, FIMO Group and VOLX teams can offer their customers the widest range of high value-added and sustainable products in the European market, with wide international coverage.

VOLX will also continue to work with its local partners and suppliers and will create jobs in the Beaujolais region in France, where its production centre will be reinforced.

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With an annual growth rate of 15%, VOLX is a successful company that enjoys a leading position in France. The quality of its products and solutions is recognised by market players. It is an opportunity for FIMO Group to work with the VOLX team, with whom we share the same values and the same passion for the field. Together, we will continue to grow as we did in recent years. We will maintain our investments in R&D and innovation to develop our expertise and strengthen our positioning.

Luca Tamberi, CEO, FIMO Group
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I am very pleased that VOLX will be able to continue its growth with FIMO Group and consolidate its leading position in telecommunications, in France and internationally. With our committed and talented teams, we have built and developed VOLX. In recent years, we have expanded our business offerings by designing products to anticipate our customers' needs. Thanks to our union with FIMO Group and the commitment of our respective teams, VOLX will be able to continue to seize development opportunities in various markets.

Denis Garnier, President, Volx

Both the French and Italian teams are delighted to work alongside FIMO group on the acquisition of VOLX in France. This shows our unique know-how in accompanying strategic cross-borders transactions in Europe.

Niccolò Querci, Managing Partner, Clearwater

Advisers

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