FRANCE - Doughty Hanson acquires French concrete specialist
In its second deal in France, Doughty Hanson has backed the secondary buyout of KP1, an Avignon-based manufacturer of concrete products for the construction industry.
Alpha Associés Conseil, Alpinvest and Belgian industrial company Koramic had backed the original buyout in November 2004.
KP1 is expected to generate a turnover of EUR 310m this year.
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