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Electra Private Equity sells Sentinel for GBP22 million to Aalberts

Electra Private Equity sells Sentinel for GBP22 million to Aalberts
Thu, 15th Apr 2021 09:46
(Alliance News) - Electra Private Equity PLC on Thursday said it has sold Sentinel Performance Solutions Group Ltd to Dutch industrial technology group Aalberts NV for GBP22.2 million.
Sentinel is a UK manufacturer of products to improve the performance of heating and closed water systems.
The London-based investment trust said it gained control of Sentinel in July 2019 following an initial investment in 2011. It intends to retain the cash received pending further asset realisations and confirmation of future distributions to shareholders in due course.
Shares in Electra Private Equity were up 6.0% at 390.00 pence in London on Thursday. ....

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Investegate |Electra Priv. Equity Announcements | Electra Priv. Equity: Disposal of Sentinel and Portfolio Trading Update

A
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