
FRANCE - 21 Centrale Partners buys industrial lighting specialist
French financial investor 21 Centrale Partners has backed the leveraged buyout of Auteroche-ABL, for an undisclosed amount.
This acquisition will help complement the activity of Holophane, an automobile-focused optical lens manufacturer which 21 Centrale bought in July 2005. Caen-based Auteroche-ALB also has a subsidiary in Wisconsin (in the US). The company generate a yearly turnover of about EUR 20m. Given their complementarity, the equity house intends to bring the two companies closer.
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