Innova Capital acquires Slovenian Trimo
11:08
Private equity fund Innova Capital is purchasing Slovenian precast concrete products manufacturer, Trime for €50 million, Puls Biznesu reported citing local daily Delo.
According to the Slovenian media, Innova was bidding in cooperation with Irish Kingspan, but the Warsaw-based fund offered a higher price. The transaction will be completed in the early months of 2016.
Trimo has, until now, been controlled by lenders. After nine months its EBITDA amounted to €5.7 million.
