It has been reported that Terra Firma Capital Partners is considering selling German motorway service station company Tank & Rast. Citibank has been appointed to arrange a sales process, which reportedly could attract offers of up to EUR 2bn. Terra Firma acquired Tank & Rast at the end of 2004.
Parent company Reiff Group said in a statement that the sale is part of its ongoing realignment plan
Neil Bennett, previously of Beacon Rail Leasing, will be appointed executive chairman of the company
Healthtech-focused VC sees oppprtunities in the developing European market, managing director Christian Weiß tells Unquote
Paul Keen, previously CFO of ETC Venues, will join the board as a non-executive director