GERMANY - DZ Equity Partner and L-EA Private Equity acquire German GIMV investment
DZ Equity Partner as lead investor and L-EA Private Equity have completed the acquisition of Konrad Hornschuch, a manufacturer of plastics, in a secondary buyout from funds advised by Halder.
In 2001, the Belgian-based private equity fund GIMV supported Konrad Hornschuh's management in acquiring the company from Decora Industries for €20m (US$18m) in a leveraged buyout transaction.
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