Findos acquires stake in Fuxtec
Findos Investor has acquired a 65% stake in Germany-based supplier of gardening equipment Fuxtec.
The shareholders of Fuxtec will retain 35% of the shares in the jointly held newco.
Findos invests in medium-sized companies with a turnover of €25-200m.
Company
Fuxtec sells gardening supplies from its online store in 15 European countries such as Spain, France, Romania and the Netherlands. In addition to its own brand of products it also offers repairs. The company is headquartered in Herrenberg-Gültstein.
People
Fuxtec – Tim Gumprecht (managing director).
Advisers
Company – Orrick (legal).
More on Buyouts
Permira to take Ergomed private for GBP 703m
Sponsor deploys Permira VIII to ride new wave of take-privates; Blackstone commits GBP 200m in financing for UK-based CRO
Change of mind: Sponsors take to de-listing their own assets
EQT and Cinven seen as bellweather for funds to reassess options for listed assets trading underwater
Main Capital’s Assessio to be sold to Pollen Street
Recruitment software company tripled in revenue under Main Capital’s ownership
Exponent divests ‘significant' stake in Meadow to Canadian investor
Since 2018, GP has diversified food ingredients company's focus beyond commodity dairy
Latest News
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Multi-family office has seen strong appetite, with investor base growing since 2016 to more than 90 family offices, Meiping Yap told Unquote
Permira to take Ergomed private for GBP 703m
Sponsor deploys Permira VIII to ride new wave of take-privates; Blackstone commits GBP 200m in financing for UK-based CRO
Partners Group to release IMs for Civica sale in mid-September
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
Change of mind: Sponsors take to de-listing their own assets
EQT and Cinven seen as bellweather for funds to reassess options for listed assets trading underwater