GERMANY – Strategic Value Partners to exit Vestolit
According to the German press, US Strategic Value Partners plans to exit Vestolit, a Marl-based producer of PVC. Strategic Value Partners bought the company from a Candover-led consortium last year.
Vestolit employs more than 600 people, reported sales of EUR 419m in 2006 and is said to be valued at EUR 300-400m.
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