SIA Group advises ESO Capital with asset valuations for €32m financing of Moventas Gears OY
SIA Group has advised ESO Capital, a European investment management group, with the valuation of machinery and equipment and inventory of Moventas Gears OY. The valuations were used to underpin the collateral cover of assets which assisted ESO Capital‘s €32m financing investment into the business which is majority owned by private equity firm, Clyde Bowers Capital. Moventas is a global manufacturer of multi-megawatt class wind turbine gears used in both on and off shore wind turbines.
The complex asset valuation covered assets in the jurisdictions of Finland, UK and USA across five different manufacturing facilities and was undertaken within a tight time-scale.
