Industri Kapital has signed an exclusivity agreement to sell Consolis to LBO France, which is one of the largest private equity funds in France. LBO France is based in Paris and has over the recent years invested in such companies as Materis, Terreal, Actaris and Wheelabrator. 
 
Philippe Milliet, CEO and President of Consolis says: "IK was a great partner, who saw first the potential of putting together those two European regional leaders that were Bonna Sabla and Consolis Oy, and gave us the means to realise this exciting merger. The resulting Consolis Group is now in working order and ready to benefit from the many structures created to realise the projected cross-fertilisation. LBO France intimate knowledge of the construction materials world will certainly help us implementing this program."