German private equity firm Nord Holding has sold German flooring manufacturer Parador Holdings to Indian building materials company HIL for an enterprise value of €82.8m.
Parent company Reiff Group said in a statement that the sale is part of its ongoing realignment plan
Neil Bennett, previously of Beacon Rail Leasing, will be appointed executive chairman of the company
Healthtech-focused VC sees oppprtunities in the developing European market, managing director Christian Weiß tells Unquote
Paul Keen, previously CFO of ETC Venues, will join the board as a non-executive director