DENMARK - CapMan exits RGS 90
CapMan funds have sold their stake in Danish RGS 90 A/S to DSV Miljø A/S. RGS 90 provides various recycling and soil treatment services.
CapMan Equity VII and Finnventure V invested in RGS 90 in summer 2002 and the funds’ combined holding in the company was approximately 42% prior to the realisation. During the last few years the fair value of the RGS 90 investment has been written down in stages reflecting the company’s development.
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