Cairngorm Capital’s portfolio company Polyframe Group has acquired window and door producer WB Group.
Cairngorm provided additional capital for the acquisition, which was also supported by a senior debt package from Clydesdale and Yorkshire Bank. The acquisition was a proprietary, off-market transaction...
GP bid is made in cooperation with majority owner The Öhman Group, which will retain a stake
Brenke first joined Ardian as managing director two years ago
Deal represents 44.5% IRR for the vendors, four years after their initial investment
As part of the strategy, the GP will consolidate its listing on the London stock exchange