Home > M&A deals 2021 > IKO Industries Ltd. acquires Axter
Divestiture · Building Products · March 2021

IKO Industries Ltd. acquires Axter

On March 4, 2021, IKO Industries Ltd. acquired Axter, a building products company in France, from Siège Social SMAC.

Deal at a glance

AnnouncedMarch 4, 2021 TypeDivestiture TargetAxter Buyer IKO Industries Ltd. Seller Siège Social SMAC SectorBuilding Products LocationFrance ValueNot disclosed

Target company

Axter
France
Building Productssector
2017founded
Activestatus
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Buyer

Company · 3 deals on record
  • 2nd transaction in building products
  • 1st transaction in France
3deals, all time
3in this sector
2021latest

Seller

Company · 3 deals on record
3investments
2in this sector
3exits

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Co-investors and the other advisors on this deal
Deal value and revenue or EBITDA multiples

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Questions about this deal

Who acquired Axter?IKO Industries Ltd. acquired Axter on March 4, 2021.

Who sold Axter?Siège Social SMAC was the seller.

What type of deal was it?It was a divestiture in the building products sector in 2021.

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