The divestment was made in order to comply with the European Commission’s Competition Authority and to the Brazilian competition authority CADE.
The deal was made via the firm’s Perusa Partners Fund 2 vehicle. It also sees the formation of a joint venture to operate the power plant and water supplies for the site.
Perusa raised its first fund in April 2008 and closed its second in September 2011 on €207m. The firm recently acquired a majority stake in motorcycle helmet maker Schuberth.
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