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Ratos, 3i refinance DIAB28/11/2007. Source: AltAssets. 
 Listed Swedish private equity company Ratos and European private equity firm 3i have completed a refinancing of composite materials manufacturer DIAB totalling SEK1bn ($158m), of which Ratos will receive SEK500m ($78.8m).
DIAB is a specialist in the manufacturing and development of core materials for composite structures such as blades for wind turbines, boat hulls and decks, and components for aircraft, trains, buses and space rockets. In 2006 DIAB recorded sales of SEK1.205bn ($190m).
Ratos CEO Arne Karlsson said, 'DIAB has seen fantastic development which now makes a refinancing of the company possible. Our assessment is that the company's future prospects remain good, and the refinancing we are now carrying out will give the company a more efficient capital structure.'
Ratos's holdings include AH Industries, Anticimex, Arcus Gruppen, Bisnode, Camfil, Contex, DIAB, EuroMaint, GS-Hydro, Haendig, Haglöfs, HL Display, HÅG/RH/RBM, Hägglunds Drives, Inwido, Jøtul, Lindab, MCC, Medifiq Healthcare and Superfos.
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