FRANCE - Montefiore Investment acquires 60% of Asmodée
Montefiore Investment has acquired a 60% stake in Asmodée in a deal worth between EUR 40-50m, which sees Naxicap Partners exit its 20% share of the company. The management retains 40%.
The deal represents the first investment by Montefiore Investment’s new fund Montefiore Investment II. Asmodée is the French leader in collectable card games and recorded a turnover of EUR 28m in 2006-2007.
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