Following a three year holding period, Odewald and Bain Capital have sold their investment in German decorative papers printer 2D Holding to Quadriga Capital. 2D is a global printing and treating specialist for decorative paper for flooring and furniture applications, and is behind the brands Süddekor and Dakor. 2D’s management will continue to hold a considerable amount of the company’s shares, though 2D’s chief executive, Ulrich Hemel, will step down to concentrate on his entrepreneurial interests. He is replaced by Christian Rolfs.
This is the first divestment made by Nazca IV, a €275m vehicle raised by the GP in 2016
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Industrial energy efficiency equipment producer sold its Poland-based operations in April 2020
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