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PRINT THIS PAGE Capvis acquires KVT for €325m21/07/2008. Source: AltAssets. 
Swiss mid-market buy-out firm Capvis has bought connection systems company Koenig Verbindungstechnik from Klöckner & Co, for €325m. The investment is the first from the firm's Capvis III fund, which closed on €600m earlier this year.
A distributor of fastening systems and sealing plugs for hydraulic applications, KVT has a workforce of around 300 people. In 2007 it generated sales of €120m.
Capvis invests as majority shareholder primarily in mid-sized companies in Switzerland, Austria and Germany.
Capvis currently has approximately €1bn under management.
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