GERMANY – CBR acquires Angell-Demmel

Following the transaction, Angell-Demmel will be integrated into Sellner Group, a company held by EquiVest I. The aquisition is part of the buy-and-build strategy for Sellner Group, a supplier of interior decorative surfaces made of wood, plastics, metal, leather and textile solutions with a global presence in Europe, USA and Asia.

Angell-Demmel currently employs 756 people and has manufacturing sites in Germany, Austria, Lebanon, the US, and China. The lion share of its EUR 93m sales are primarily generated from car manufacturers and first-tier suppliers in Europe. Sales are expected to exceed EUR 250m in 2009.

• Tweet  
• Facebook  
• LinkedIn  
• Google plus  
• Send to  

• Topics
• Buyouts
• DACH