FRANCE - UFG Private Equity takes 15% in Mastrad Finance
UFG Private Equity took a 14.85% stake in Mastrad Finance, the holding company for Mastrad, via its two funds Diadème 2 and Diadème 3. The management retains 73.26% while Siparex has 11.89%.
Mastrad, of which Mastrad finance holds 69.54%, designs and produces kitchen utensils as well as other innovative kitchen products. The company registered a EUR 13.4m turnover in 2007.
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