LDC has sold its share in Aqualux Products Holding Ltd, a producer of shower enclosures and bath screens, in a sale to AFG Arbonia-Forster Holding AG worth £23.4m.
Deal is the ninth investment from Tenzing's debut fund, with its successor yet to deploy
Panellists from PE and advisory firms discussed the role of private equity in the current deals landscape at Mergermarket's Germany Forum
Deal will be the second add-on acquisition for Danoffice since Agilitas's buyout of the company in November 2017
Bowmark will provide additional funding of £100m to fund the company's add-ons acquisitions