Clearwater advises Sociedade Lisbonense de Metalização on its sale to Meivcore

Transaction

Sociedade Lisbonense de Metalização sold to Meivcore

Sell-side

Undisclosed

Role

Adviser to SLM on its sale to Meivcore

Sector

Business Services

Region

Portugal

Clearwater has advised the shareholders of Sociedade Lisbonense de Metalização (SLM), a treatment of metallic and non-metallic surfaces company, on the sale of 100% of the company to Meivcore, provider of integrated services in several areas of industrial maintenance.

Based in Portugal, SLM engages in the treatment of metallic and non-metallic surfaces. With over 77 years of accumulated experience, the company is a main player in the market for metal, concrete, stone, masonry, and wood surface treatment. Its activities include works and projects for surface protection, repair and rehabilitation of infrastructures, urban and industrial equipment, and historical buildings.

Meivcore is a fast-growing group that provides integrated services in several areas of industrial maintenance, including preventive and corrective preservation, offering the most advanced solutions in the industry. Founded in 2013 and headquartered in Viseu, Portugal, the group operates in several industrial hubs in Portugal, Spain, France, and Belgium.

SLM is a key player in the surface treatment services market in Portugal. Finding the right buyer for SLM's future was of great significance to both us and the remaining shareholder blocks. Having Clearwater working with us throughout the entire process was instrumental in guiding us through the various stages and ensuring the successful completion of the transaction.
Filipe Baptista da Silva, BASE CAPITAL

The acquisition of SLM by Meivcore represents a significant milestone in SLM's journey. Joining a group completely focused on its sector, led by a dynamic generation of entrepreneurs and professionals, positions SLM to harness fresh perspectives and innovative strategies, fostering not just growth but also a stronger and more resilient business. We are excited about the future possibilities of this deal and anticipate the continued advancement and prosperity of SLM within the Meivcore family. Our employees, clients, and partners can all look forward to the exciting developments ahead.
Pedro Nunes de Almeida, SLM

We are delighted to have advised the owners of SLM in this transaction. We firmly believe that we've found the perfect buyer to significantly enhance SLM's expertise and bolster its reputation in the market to an unprecedented level of excellence. We extend our wishes for immense success to both SLM and Meivcore.
Rui Miranda, Partner, Clearwater