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PRINT THIS PAGE 3i sells Attends Healthcare Holdings to Rutland11/07/2007. Source: AltAssets. 
3i has sold Attends Healthcare Holdings to UK mid-market private equity firm Rutland Partners for €93.5m. UK-based Attends manufactures and supplies branded and own label healthcare products used to assist both users and carers dealing with incontinence. Attends is the trading name of the European operations formerly known as PaperPak, which 3i acquired in 2002.
Attends will be Rutland's first investment from its Rutland Fund II, which will invest about £21.5m in the transaction, with the balance of the funding coming from acquisition debt facilities.
Rutland manages the £210m Rutland Fund I and Rutland Fund II, which recently held a first closing on £312m.
Copyright © 2007 AltAssets

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