Manufacturing Industry
CANDOVER INVESTMENTS PLC - Candover realises investment in The Thule Group.
PR Newswire UK Disclose, May, 2007
Embargoed until 0700hrs on 31st May, 2007
Candover realises investment in The Thule Group
Candover, a leading European buyout specialist, has today announced the sale of
the Thule Group ("Thule"), the world leader in sports utility transportation,
to Nordic Capital Fund VI. Completion of the deal is expected in July 2007,
subject to regulatory approval. The terms of the transaction have not been
disclosed.
Thule AB, headquartered in MalmA[paragraph], Sweden, develops, manufactures and markets
rooftop boxes, roof rails, bike carriers, trailers, towing systems, motor home
accessories and snow chains. The company has approximately 4,000 employees at
more than 30 production and sales locations in the leading car markets in North
America, Europe, Africa and Asia.
...
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