Talde sells majority stake in fire-protection pipe maker Fire Piping to Kartesia
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- WebcapitalriesgoOriginal on Webcapitalriesgo (opens in a new tab) 9 Oct
The story so far, in brief; the legwork, and the full article, stay with the original outlet.
Talde Private Equity and the founders of Engineered Fire Piping have sold a majority stake in the company to Kartesia, a pan-European investor focused on mid-market businesses, which becomes its new majority shareholder. The founders have put money back in and stay on as the group's top executives, so they have sold the company without having to clear their desks.
Fire Piping, founded in 2011 and based in Yuncos, Toledo, makes prefabricated piping for fire protection systems, built on custom engineering and robotic production. Since Talde invested in 2020, it has gone from 31 to more than 40 countries, earns about 60% of its sales outside Spain and has doubled its staff to over 200. The company expects revenue of around €70 million in 2026.
Alantra advised Talde and the founders on the financial side, Barrilero on the legal one. Talde manages more than €630 million.
