Announced
Synopsis
Gilde Buy-Out Fund V, an investment fund has agreed to acquire Xindao International, a leading designer and value-added supplier of functional business gifts, from Perusa, an investment company. Financial terms were not disclosed. "Under Perusa we managed to further strengthen our position to become one of the largest suppliers in the promotional gift industry in Europe. We have worked with Perusa in very good harmony which is a good example for how a private equity and a former privately owned company can operate and manage to grow a company together." Albert van der Veen, Xindao Group CEO.
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