Montefiore Investment to acquire a 28% stake in NGE.

Montefiore Investment, a private equity firm, agreed to acquire a 28% stake in NGE, a construction company and concession operator. Financial terms were not disclosed. “We were particularly impressed by the NGE Group track record of growth, as well as its ability to develop new skills and position itself successfully in new markets. Its success has been underpinned by an entrepreneurial vision and a very real commitment to its employees, 8,000 of whom are shareholders in the Group and play a very active role in facilitating change and performance,” Henri Topiol, Montefiore Investment Partner.