GED acquires 70% stake in EP4
Spanish private equity investor GED has acquired a 70% stake in engineering business Estudio Pereda 4 (EP4).
The balance is held by the management (20%) and Portuguese engineering firm Fase, acquired by GED last year.
The combined value of both transactions is €17m. The resulting group has an aggregate turnover of €30m with an EBITDA of €4m.
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