Document Actions

Past Events

Up one level
Events which have already happened.

There are currently no results for this search.

Androschin & Partner accomplished Commercial Due Diligence for Deutsche Beteiligungs AG

Deutsche Beteiligungs AG acquires Romaco group

Management buyout of manufacturer of packaging and food processing equipment

Frankfurt am Main, 31 March 2011. Deutsche Beteiligungs AG (DBAG) and its managed closed-end private equity fund DBAG Fund V announced today that they will acquire the Romaco group (“Romaco”) in a management buyout. DBAG and seller Robbins & Myers Inc., a NYSE listed company headquartered in Dayton, Ohio, USA, signed a contract to that effect. The purchase price for the company is 61 million euros. DBAG will invest some eight million euros from its balance sheet and hold a 19 percent interest in Romaco. DBAG Fund V and Romaco’s management will acquire the remaining shares.

press release