FRANCE - Investcorp acquires office supplies giant Orefi
Investcorp has backed the buyout of Orefi, for an undisclosed sum.
PPM Capital and Chequers Capital had originally gained control of the company in 1998. Orefi was founded in 1987 and now employs 1240 people. The company generated a turnover of EUR 293.5m in 2005. Investcorp are looking to develop the partnership between Orefi and industrial supply company Autodistribution, which Investcorp also acquired last March.
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