Announced
Financials
Sources
Tags
wet chemical surface treatment technology
Pending
Acquisition
Germany
Majority
Single Bidder
Private
Private Equity
Medical Equipment
Synopsis
Equistone Partners has acquired a majority stake in the RENA Group from Capvis AG. RENA’s management team and the CEO, Peter Schneidewind, will become shareholders in the company following its change in ownership, demonstrating their long-term commitment to the business. Financial terms were not disclosed. Founded in 1993, RENA is one of the world’s leading manufacturers of wet chemical surface treatment technology and machinery. “We are impressed by RENA’s leading market position, which is based on innovative technology, high quality, longstanding customer relationships and a strong management team.” Stefan Maser, Partner at Equistone.
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