On the 31st of January 2022, Liberta Partners announced the acquisition of CWFC Phönix Group GmbH (“Phönix”) including the well-known brands Phönix, Strack, Solent & Pratt, and Daume.
Phönix, based in Volkmarsen, Germany, is a specialist in manufacturing bellows sealed globe valves for safe handling of dangerous, highly toxic, flammable, and expensive media.
Liberta Partners acquired the shares from the Curtiss-Wright Corporation (“Curtiss-Wright”), as part of a corporate carve-out after a strategic decision of Curtiss-Wright to focus on defense.
EC M&A acted as exclusive financial advisor to Curtiss-Wright on this transaction, which represents the third transaction executed for Curtiss-Wright.
