SWITZERLAND - Capvis exits ETAVIS
Capvis has sold the ETAVIS Group to the French Vinci Group for an undisclosed amount. The strategic buyer is acquiring a 95% stake in ETAVIS, while the management retains a 5% holding.
The ETAVIS group was formed in 2004 through a management buyout of the Swiss building technology operations of AGG group by Capvis.
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