Aliplast Group

Sagard and Ergon have co-sponsored a Euro 430 million management buyout of Aliplast Group from Cognetas (f.k.a. Electra Partners Europe). Aliplast is a Lokeren, Belgium-based supplier of aluminium profile systems, and was acquired by Cognetas in early 2004. It has over 1,000 employees and generated 2005 revenue of around Euro 180 million with 20% growth anticipated for 2006.