GERMANY– Odewald and Bain sell 2D to Quadriga

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.