Inova to make loss on Lartec exit
Inova Capital looks set to make a loss on its investment in Lartec Desarrollos Inteligentes after the home technology equipment provider went into administration.
The investor – a subsidiary of British private equity firm Greenpark Capital – first entered into the Valencian business in 2003.
Lartec has closed its offices in Valencia and been declared officially bankrupt by the city's courts.
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