GERMANY - HIG Capital acquires Witex
HIG Capital has agreed to acquire flooring materials company Witex from JP Morgan Chase for an undisclosed sum.
Founded in 1991, Witex is a manufacturer of laminate, parquette and other flooring materials. The company exports its products into more than 70 countries and in 2008 achieved a turnover of EUR 70m. The company is based in Augustdorf.
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