Announced
Financials
Tags
Cross Border
Friendly
Private Equity
Majority
Single Bidder
Disposal
Germany
Medical Supplies
medical clothing
Pending
Acquisition
Private
Synopsis
Private equity firms Chequers Capital and Paragon Partners agreed to acquire 7days, a medical workwear supplier, from Silverfleet Capital, a pan-European private equity firm. Financial terms were not disclosed. "We have taken a number of important steps to expand the market-leading position of 7days, both organically and through a strategic acquisition. 7days has proved not only to be resilient, in particular during the current Covid-19 pandemic, but also to grow sustainably above market averages," Benjamin Hubner, Silverfleet Capital Principal.
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