In February 2018, Alantra Private Equity and Magnum Industrial Partners announced that they had reached an agreement to acquire 88% of Portuguese screen print machine manufacturer Roq; the deal completed on 19 March. Both companies now hold a 44% stake in Roq, with the remaining 12% retained by Roq’s management team.
Alex Taylor, who works in machinery sales for i-Sub, the UK distributor of Roq, said: “This will have no effect on UK supply and will only benefit Roq ongoing – they are launching new machinery very soon. Mr. Manuel Sá, as CEO, will continue to lead Roq to ensure the correct direction of the company will be met.”
The company, which was previously owned by Portuguese private equity firm Explorer Investments, was founded in 1983 and is based in Braga, Portugal.