Pinova Capital acquires Wendt Sit
Pinova Capital has added German insulation provider Wendt Sit GmbH to its portfolio through a secondary buyout of the company from BPE Unternehmensbeteiligungen.
The funding will be invested in the further development of the company's niche market position.
Wendt Sit is based in Frankenthal and was founded in 1874. The company provides technical and high temperature insulation for industrial businesses. It was acquired by Berenberg Private Equity in 2001.
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 Diana Petrowicz on +44 20 7004 7505 or diana.petrowicz@incisivemedia.com
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