Palero Capital acquires Kopp

The completion of the sale will involve an after-tax charge of about $10m in the second quarter of the fiscal year.

The investor will focus on the core business, as well as new products such as the newly developed loading system "Percedos" for electric cars.

Heinrich Kopp GmbH was founded in 1927, is based in Kahl am Main, Germany, and manufactures and supplies electronic products for specialist trade and hardware stores. The company has production facilities in Germany and Tunisia and supplies its products across Europe. Kopp employs about 600 people and had a turnover of €75m in 2010.

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• Topics
• DACH
• Buyouts
• Industrials
• Germany