Announced
Synopsis
QVM Privatkapital, a private equity firm, completed the acquisition of Schardt, a children’s furniture manufacturer. Financial terms were not disclosed. "We are pleased to expand our investment portfolio with this very interesting company, which is excellently positioned for further growth with a strong brand in an attractive market. We were particularly impressed by the strong focus on sustainability, which is consistently implemented in both procurement and production," Victor Antunes, QVM Privatkapital Managing Partner.
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