Deutsche Beteiligungs completed the €73m investment in PM Plastic Materials.

Deutsche Beteiligungs, a private equity firm, completed the €73m investment in PM Plastic Materials, a producer of pre-wired and empty cable conduits, used primarily for electrical installations. "The success of this transaction underlines the strategic decisions taken over recent years. Broadening the regional reach of our investment strategy to include the tradition-rich industrial landscape of Italy has opened up additional investment opportunities for us. We are delighted that Pmflex has been able to successfully expand its market position and realise value appreciation, thanks to the strategic development as well as operating enhancements," Tom Alzin, DBAG Member of Management Board.