EIM Capital, a private equity firm focused on industrial, construction, chemical and consumer goods industries, has acquired Bonna Sabla, a French precast concrete services company, from Consolis.

The deal will bring all of Bonna Sabla’s operations and activities including precast concrete products, equipment for railway areas, cemetery services, dry networks for telecommunications and nuclear waste containment. The deal will allow Bonna Sabla to capitalize on developing services to meet the challenges of ecological, energy and technological transition while providing local services to its customers.

“Acquiring Bonna Sabla builds upon what is already a highly successful portfolio of companies within industrials for us,” added Luigi Chiaraviglio, co-founder of EIM Capital. “We have invested in a range of manufacturers of products destined to the public space – from piping systems also for water management to urban hygiene. It is a highly logical decision to take on Bonna Sabla and we look forward to developing the company further and collaborating with the senior team.”

“We have the right teams and set of manufacturing facilities in France to pursue and develop our drainage precast solutions through well-known brands as Bonna Sabla, MPB and ABM,” said Eric Lobbé, CEO of the company under new management. “To be a pure player will allow us to capture significant organic growth opportunities, as well as being ready for future acquisitions. We will keep on pushing innovation to serve our customers.”