Bain Capital has acquired concrete manufacturer Consolis from LBO France.

LBO France first invested in Consolis in March 2007. The firm restructured the business’s debt in 2013 and has been readying it for sale since last summer.

Consolis manufactures concrete products for residential and non-residential construction and also for infrastructure projects such as the construction of bridges or sewers. It is headed near Paris and reported revenues of €1.4bn for 2016.