LDC finalises £125m sales of oil and gas engineering firm

Posted on 28 Aug 2015 by Jonny Williamson

Leading mid-market private equity house, LDC has exited its investment in oil and gas engineering business Bifold Group to Rotork plc.

Bifold is a leading designer, manufacturer and distributor of instrument valves and pumps to the oil and gas sector with the main sites in Manchester and Taunton. The £125m transaction delivers a 2.4x money return for LDC. Bifold is a leading designer, manufacturer and distributor of instrument valves and pumps to…

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