GERMANY - HIG Capital acquires Witex

Mareen
16 December 2009

Tweet
Facebook
LinkedIn
Google plus
Send to

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.

Tweet
Facebook
LinkedIn
Google plus
Send to

Funds

Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme

Multi-family office has seen strong appetite, with investor base growing since 2016 to more than 90 family offices, Meiping Yap told Unquote

05 September 2023

Buyouts

Permira to take Ergomed private for GBP 703m

Sponsor deploys Permira VIII to ride new wave of take-privates; Blackstone commits GBP 200m in financing for UK-based CRO

04 September 2023

Exits

Partners Group to release IMs for Civica sale in mid-September

Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017

04 September 2023

Investments

Change of mind: Sponsors take to de-listing their own assets

EQT and Cinven seen as bellweather for funds to reassess options for listed assets trading underwater

04 September 2023