EQS-News: Deutsche Beteiligungs AG: Successful realisation of investment in Pmflex
DBAG Fund VII and Deutsche Beteiligungs AG (“DBAG”) have successfully concluded their investment in Pmflex (formerly: PM Plastic Materials), a leading European manufacturer of electrical installation conduits.
- DBAG Fund VII and Deutsche Beteiligungs AG (“DBAG”) have successfully concluded their investment in Pmflex (formerly: PM Plastic Materials), a leading European manufacturer of electrical installation conduits.
- DBAG and DBAG Fund VII acquired a majority stake in Pmflex from the company’s founding family in September 2020, structuring DBAG’s first management buyout (MBO) in Italy.
- DBAG Fund VII’s total investment in Pmflex amounted to approximately 73 million euros, of which DBAG contributed around 11 million euros.
- With the sale of the Pmflex investment, DBAG Fund VII has achieved the third disposal of a management buyout (MBO) from its portfolio.