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Industry News - Investindustrial Acquires Majority Share in Neolith

An investment subsidiary of Investindustrial VI L.P. has signed a partnership agreement with the current owners of Neolith, Jesus and Jose Luis Esteve. This partnership was initiated to support the next phase of development of the Neolith brand. Although Investindustrial will acquire a majority shareholding in the company, the Esteve family will retain a relevant minority interest. They will also continue to lead the management team and chair of the board of directors. Investindustrial is a European group of independently managed investment, holding and advisory companies with €6.8 billion of raised fund capital, which provides industrial solutions and capital to mid-market companies in Europe. Its mission is to actively contribute to the development of the companies in which it invests by creating growth opportunities and offering global solutions through an entrepreneurial pan-European vision. Terms of the shareholding purchase were not announced.


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