Announced
Completed
Financials
Tags
Private Equity
Private
Acquisition
Building Materials: Other
building materials
Denmark
Majority
Friendly
Single Bidder
Cross Border
Completed
Synopsis
Private equity firm CVC Capital Partners completed the acquisition of STARK Group, a distributor of heavy building materials in Northern Europe, from Lone Star Funds. Financial terms were not disclosed. "We have followed STARK Group closely for many years and have been impressed with the quality of the business and its people. We are delighted to be supporting the company going forward and look forward to working closely with Søren P. Olesen and his team to continue to grow STARK Group," Christoffer Sjøqvist, CVC Senior Managing Director.
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