Grant Thornton Australia congratulates Allegro Funds on their successful exit of portfolio company, Vulcanite Pty Ltd to German conglomerate, Continental AG.
Grant Thornton acted as corporate advisor on the sale.
The strong interest in the international sale process highlights the opportunities available for niche Australian manufacturers to be attractive to global participants through a focus on leading manufacturing processes and expanding their IP globally.
This theme is reinforced in our recent Dealtracker 2016 publication which provides further evidence of strong foreign interest in leading Australian growth companies.
To find out more, please see the Allegro Funds press release.