Avingtrans on its sale of Sigma to Silverfleet Capital
Steen Associates advised Avingtrans plc, the AIM listed industrial group, on the sale of Sigma. Sigma is the UK market leader in the manufacture of rigid pipe and ducting systems for commercial aerospace customers notably Rolls Royce and Bombardier. Sigma is headquartered in Hinckley in Leicestershire and has four facilities in the UK and two in China – Xi'an and Chengdu. Sigma recently acquired the rigid pipe operations of Rolls Royce, which are included in the transaction. Silverfeet Capital is a leading, independent, European private equity firm specialising in mid-market buyouts with an investment team based in London, Munich and Paris.