# Advent International acquires IPH, combines with Brammer

Advent International agreed to acquire IPH from PAI Partners and will combine it with Brammer, creating a leading European industrial supplies distributor with over €2.1 billion in revenues.

- Type: Acquisition
- Announced: 2017-06-12
- Where: France
- Status: announced
- Products: industrial supplies, power transmission products, machining solutions
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Advent International](https://endata.com/companies/430.md) (acquirer)
- [Brammer](https://endata.com/companies/431.md) (partner)
- [IPH Group](https://endata.com/companies/1883.md) (target)
- [PAI Partners](https://endata.com/companies/2836.md) (partner)

## Sources

- [bearing-news.com](https://www.bearing-news.com/advent-international-acquires-iph-brammer-pai-partners/), 2017-06-26: "We are pleased to undertake a positive strategic step in the industry by bringing together two leading companies – Brammer and IPH."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
