zaterdag 25 mei 2013
Bonno van der Putten Monarch Capitol
Private equity firm Cross Equity and Monarch Equity Partners have exited their stake in shock absorption systems maker Schwab for a return of 9.3 times by selling it to Paris-based Faively Transport Group
The firms also said that the investment produced an impressive IRR of 70 per cent.
The company produces and markets buffers and couplers for goods and passenger rolling stock.
Its customers include Swiss Federal Railways, Deutsche Bahn, Australia’s ÖBB and the National Railway Company of Belgium.
Since the acquisition by Cross and Monarch in 2009, Schwab has achieved a significant increase in turnover – which reached €98m last year – and profitability, the firm said in a statement.
Monarch Equity Partners managing director Bonno van der Putten said, “As a leading pan-European business, Schwab’s logical next step is to take its successful products into new and emerging markets in the global arena, such as China, Brazil, India and Russia, with Faiveley as a strong partner.”
Management Training by Professional Bonno van der Putten http://ow.ly/krFMv @bonnovanderputt #retail #carrefour #news #equity
Retail Trends, follow the insiders... http://ow.ly/krG1V @bonnovanderputt #retail #carrefour #news #equity
Monarch Capitol. The leading number 1 Entrepeneurs http://www.bonnovanderputten.co.uk/ @bonnovanderputt #retail #carrefour #news #equity
Abonneren op:
Reacties posten (Atom)
Geen opmerkingen:
Een reactie posten