German Capital, alongside the Hellwig family, has made an offer of EUR 7.20 per share for a 45% stake in listed kitchen outfitter Alno AG. The investment will be made via Küchen Holding GmbH, a vehicle set up by German Capital. The offered share price represents a premium of 13% against the average for the last six months.
E-commerce business has made several add-ons since Emeram bought a majority stake in 2015
Fund invests in Nordic companies operating in the consumer, industrial and business services sectors
Insight Venture Partners previously led a €56m funding round early last year
Price led the strategic debt finance and capital structure advisory teams at Lloyds