SPAIN - Buy and build continues with acquisition of Foprar

Qualitas Equity Partners and Lombard Odier Darier Hentsch & Cie Private Equity (LODH) have together acquired 100% of Foprar, a manufacturer of tubes and frames for civil works projects. This follows the acquisition in March of 100% of Pronave Yecla SL, the Murcia-based manufacturer of prefabricated concrete products. The total value of the two transactions has not been disclosed although Foprar is estimated to be approximately EUR 10m, and that of Pronave Yecla, EUR 20m.