SPAIN - 3i considering sale of Provimar
3i is reportedly negotiating the sale of portfolio company Provimar to restaurant business Grupo Arturo for EUR 18m. Provimar specialises in services to ships and duty free stores.
Provimar has been under 3i's ownership for five years and reported a turnover of EUR 100m in 2005. If the acquistion goes ahead, Grupo Arturo will reinforce its presence in the catering sector and the group's income will ascend to about EUR 150m.
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