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New Deal


Announced

Completed

Intermediate Capital completed the acquisition of a majority stake in Grupo Garnica Plywood.

Synopsis

Intermediate Capital, alternative asset manager in private debt, credit and equity, completed the acquisition of a majority stake in Grupo Garnica Plywood, a company that manufactures wood products. Financial terms were not disclosed. “ICG is the ideal background for Garnica right now. He is very experienced in supporting industrial companies internationally and a clear long–term mentality," Pedro Garnica, Garnica Founder and CEO.

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