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Announced

Warburg Pincus to acquire a majority stake in Uvex.

Synopsis

Warburg Pincus, a private equity firm, agreed to acquire a majority stake in Uvex, a family-owned provider of personal protective and sports protective equipment. Financial terms were not disclosed. "As a fourth-generation family-owned company, we are committed to shaping the next phase of our corporate development with a strong growth partner. Our goal is to further increase the resilience of the Uvex Group in the future and remain the first choice for our customers. We are confident that we have found such a partner in Warburg Pincus and look forward to a successful collaboration," Michael Winter, Managing Partner Uvex CEO.

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