Doughty Hanson has agreed to purchase Trento-based company Zobele from its founders for around EUR 300m, according to reports in the Italian press. Zobele is active in the development of products and solutions for pest control, healthcare and household, such as air fresheners, pesticides and vaporisers. The company recorded turnover of EUR 210.5m in 2005.
Deal is Recover's 23rd acquisition since it was established six years ago, and the third since being acquired by EQT
Gimv formed the climate control business in 2016 by merging Itho Daalderop and Klimaatgarant
Corporate venture arm Shell Ventures leads the round for the IoT energy systems software platform
GP invests in the company via Wisequity V, which closed on its €260m hard-cap in July 2019