Down2Earth and Gimv completed the acquisition of Rasch Tapetenfabrik.

Private equity firms Down2Earth and Gimv completed the acquisition of Rasch Tapetenfabrik, a wallpaper manufcturer. Financial terms were not disclosed. "We are looking forward to this new chapter in the history of our company. Together with The Wallfashion House, we will seize new opportunities in the market that are not open to us alone. This puts our company in an excellent position for the next phase of its development. Personally, I am delighted that we can secure and modernize our historic site in Bramsche with this step," Frederik Rasch, Rasch Tapetenfabrik Managing Director.