Astorg Partners to acquire Corialis from CVC Capital Partners for $1.95bn.

Astorg Partners, a European private equity group, agreed to acquire Corialis, a European designer and manufacturer of aluminium systems for windows and doors, from CVC Capital Partners, for $1.95bn. "The entire management team is happy to welcome on board Astorg as our new majority shareholder. From the start, the Astorg team has demonstrated an outstanding understanding of our business and full compatibility with our culture, which are the right fundamentals for a successful partnership. We would also like to express our gratitude to CVC for their support and guidance over the past years," Johan Verstrepen, Corialis CEO.