Gimv and KBC sell Microtherm
Gimv, KBC and Sofindev have exited their stake in Belgian thermal insulation materials manufacturer Microtherm Engineered Solutions. The financial details have not been disclosed.
The trio has exited its stake in the company through a trade sale to Promat International, a subsidiary of the Etex Group.
Microtherm manufactures high-performance made-to-measure thermal insulation materials, using microporous silica, and has offices in Belgium, Japan and the US.
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 Gail Mwamba on +44 20 7 968 4505 or gail.mwamba@incisivemedia.com
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