IMCI Subsidiaries Acquired by Fleder Investments Hong Kong Ltd.
Scott-Macon's Industrial & Automotive Group provides M&A Services to IMCI
February 2017
Fleder Investments Hong Kong Ltd. announced the acquisition of Flexider Automotive (Flexider) and Tuyaux Flexibles Rudolph (TFR), subsidiaries of Industrial Manufacturing Company International (IMCI). Scott-Macon’s Industrial & Automotive Group served as the exclusive financial adviser to IMCI on the divestiture of Flexider and TFR.
As a leading producer of expansion joints, flexible couplings, and flexible hoses for automotive applications, Flexider’s product line includes: self-supporting decoupling joints, flexible hoses, thermal expansion joints, exhaust gas recirculation units, and others.
About Industrial Manufacturing Company International
With over 3,500 people and 30 manufacturing, sales, and distribution facilities worldwide, IMCI is currently expanding present holdings through investment in new manufacturing facilities and state of the art machinery and equipment. Their multiple business lines include: aerospace, automotive, centralized lubrication, gearing, strainers, sheet metal products and mechanical sealing.
It’s subsidiary, TFR, is one of the leading French manufacturers of flexible strip wound hoses, high-pressure hoses, plastic hoses and small diameter bellows. The company offers full-service engineering and design of flexible metal hoses for practically all industrial applications, including the automotive, aeronautics, petrochemical, steel, nuclear and telecommunication industries.
About Scott Macon’s Industrial & Automotive Group and M&A Services
Scott Macon’s industrial and automotive financial services clients have included domestic and foreign publicly-traded and privately-owned companies as well as private equity firms. The industrial and automotive industry group includes professionals with over 25 years of experience in providing industrial and automotive merger and acquisition, financing, valuation and strategic advisory services to a global client base.
Advising clients on middle market merger and acquisitions in a broad range of industries, Scott-Macon’s M&A professionals have extensive experience. Our clients have ranged from large global corporations looking to expand their existing operations to private equity funds seeking to build a new or existing portfolio investment. Scott-Macon’s professionals custom tailor the firm’s services to meet the specific objectives for our clients, helping them to reach their individual goals.