Announced
Financials
Tags
flat roofs
Majority
Pending
roofing products
Building Roofing/Wallboard and Plumbing
Acquisition
Private Equity
Germany
Private
Friendly
Single Bidder
Synopsis
Private equity firm Naxicap Partners agreed to acquire alwitra, a flat roof specialist based in Trier, Germany. Financial terms were not disclosed. "alwitra is very well-positioned in Germany, with strong market presence and brand power. Together with the alwitra management team and its entire staff, we will continue to develop the company long into the future, in particularly by leveraging and maximising its international growth potential," Peter Pergovacz, Naxicap Partners Germany Managing Director.
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