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AltAssets is the private equity news and research service from Almeida Capital
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PRINT THIS PAGE 3i invests in German DruckChemie09/05/2008. Source: AltAssets. 
3i has agreed to back the €133m secondary buy-out of Ammerbuch, Germany-headquartered DruckChemie, a speciality service provider to the printing industry, from SG Capital Europe and Quartus. DruckChemie provides speciality chemicals, consumables and services such as regular deliveries, on-site inventory management and waste collection. The company operates 24 outlets across ten European countries and Brazil.
3i partner Ulf von Haacke said, ‘We are delighted to be investing in DruckChemie, a leading service provider within its sector with a strong track record of profitable growth and a high cash conversion. We are convinced of the substantial growth potential for this business and look forward to supporting the experienced management team to achieve this.’
3i’s experience in the printing and business services sectors includes investments in Azelis, a European company distributing speciality chemicals, and EDS Euro-DruckService, a web-offset printer in the Czech Republic, Poland and Hungary.
Copyright © 2008 AltAssets
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