AUSTRIA - RECAP acquires Fastbox Denzel Group
RECAP Restructuring Capital has wholly acquired car servicing company Fastbox GmbH from Denzel AG for an undisclosed amount.
Denzel sold the subsidiary for strategic reasons. RECAP will hand over 49% of the company to its new CEO, Friedrich Neubauer. Fast car servicing company Fastboxreported a tunover of EUR 11m and has around 22 stations exclusively in Austria.
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