The Carlyle Group has acquired a minority stake in Compañía Española de Petróleos (Cepsa) from Abu Dhabi sovereign wealth fund Mubadala Investment Company for $3.6bn including debt.
Management team retains a minority stake in electrical engineering company Cesa-cap
Creamy Creation will retain its management team but Wagram will bring in a managing director
Company plans to consolidate its market position, and further expand internationally
New recruit will take on the role of investment and portfolio director at the growth capital firm