Astorg has agreed to buy a majority stake in Italy-based company Surfaces Technological Abrasives, taking over from previous investor Xenon Private Equity.
Vendor originally purchased the company in a buyout with an estimated EV of €450m in September 2007
GP and asset manager Aquiti Gestion acuire minority stake in energy efficiency business
Payroll management company will undertake international expansion following the deal
GP plans to support the company's growth, both organically and by means of acquisitions