Deutsche Beteiligungs acquires FDG group
Deutsche Beteiligungs AG (DBAG) has acquired a 79.6% stake in French category management group FDG from its founding families.
DBAG invested from its own balance sheet for 15.5% of the company, alongside its co-investment fund DBAG Fund V, which took a 64.1% stake. Members of FDG's management acquired the rest of the shares.
FDG supplies non-food product categories to the French food retailing sector: including kitchen ustensils, hair care, household cleaning supplies and collectible sticker albums. The company controls the supply chain, packages the products and also manages the logistics. FDG posted a €111m turnover for 2009.
The unquote" team is currently researching this transaction. In-depth deal information for subscribers will follow shortly.
If you have any information regarding this transaction, please contact Grégoire Gille on +44 20 7484 9824 or gregoire.gille@incisivemedia.com
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