Private equity firms VR Equitypartner and SuedBG have launched a sale process for their majority stake in German packaging film products manufacturer Duo Plast, three sources familiar with the situation said.
Management team retains a minority stake in electrical engineering company Cesa-cap
Creamy Creation will retain its management team but Wagram will bring in a managing director
Company plans to consolidate its market position, and further expand internationally
New recruit will take on the role of investment and portfolio director at the growth capital firm