Kartesia is pleased to announce that the investment of Altercap I and Altercap II funds into the senior and mezz debt issued by EDS was repaid at par following the sale of the Company to DPE. Euro-Druckservice GmbH (EDS), headquartered in Germany, is the leading provider of retail marketing communications solutions (around printed leaflets) in the CEE region. With more than 1500 FTEs across 8 sites in 5 countries, EDS has an unmatched footprint in the region and is able to serve its large and diversified blue-chip customer base (international retailers) locally.
Kartesia is pleased to announce that the investment of the Altercap II funds into the senior and mezzanine debt issued by URSA was repaid at par following the sale of the Company to Xella International. Headquartered in Madrid, URSA is a leading European thermal and acoustic insulation manufacturer aimed at increasing the sustainability and energy efficiency of buildings, targeting both new constructions and renovations. With approximately €500m turnover, URSA produces glass wool and extruded polystyrene (XPS) across 13 plants scattered all over Europe, including Russia.
Kartesia is pleased to announce that the investment of the KCO III and Altercap II funds into the senior debt issued by HMY was repaid at par following the sale of the Company to LBO France. HMY offers a wide range of shelving equipment, checkout counters and point-of-purchase (‘POP’) material, ranging from standard metal products through to bespoke customised fittings incorporating aluminium, wood and glass. The Group provides its clients with an integrated service, from conception and design to in-store installation.
Kartesia is pleased to announce today that the investment of the KCO III and Altercap II funds into the senior debt issued by La Croissanterie was repaid at par following the full early repayment of tranche B, tranche C and RCF. La Croissanterie is a French fast-food chain specialized in the traditional French products segment, e.g. sandwiches and salads. It enjoys a network of restaurants spread over France.
Kartesia is pleased to announce today that the investment of Altercap funds into the second lien debt issued by Fläktwoods was fully repaid following the acquisition of the company by investment fund Triton. Fläktwoods is a leading global provider of energy-efficient air solutions for non-residential buildings and infrastructure applications.