Alantra advises Bremhove on the acquisition of Monopanel from TATA Steel

Apr 2022

Buy-side advisory

Brussels – Alantra, the global investment banking firm and asset management specialist, has advised holding company Bremhove, the investment group of entrepreneur Joris Ide, on the acquisition of the French Monopanel factory from TATA Steel.  

Monopanel manufactures building cladding, flooring profiles and roof panels for the construction sector, primarily for industry and large-scale buildings (for example, warehouses, commercial centres and airports). 

TATA Steel supplies high-quality steel products to demanding market sectors worldwide, including construction, automotive, packaging and manufacturers of lifting, mining and earthmoving machinery. The company has operations in the Netherlands, Belgium, France, Germany and elsewhere in Europe. 

Tom Eussen, Managing Director of Tata Steel Downstream Europe, said: “Under new ownership, Monopanel will have the opportunity to secure a more sustainable future based on the investments made in recent years and the experience and expertise offered by Bremhove.”