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Acova

  • Country: France
  • Sector: Manufacturing
  • Year: 1990
  • Transaction Type: Buyout

Overview

Background: ACOVA is the leading French manufacturer of decorative radiators and towel heaters. This business was acquired from the Source Perrier group in May 1990.

Funds advised by ICG provided a mezzanine bond for buyout to support Baring Capital Investors.

The company was sold in 1998.

Company Website: http://www.acova.fr

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