Italian buyout house Alto Partners and business accelerator Rancilio Cube have acquired a 42% stake in stationery manufacturer R&D for €7m.
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Director Théodore Schneider will reinvest alongside CVC to retain a 20% stake in the company
Sale follows a three-year tenure and reportedly values the care home operator at €236m
Following a three-year holding period, the GP sells its stake to a consortium led by Hat Orizzonte