Food Industry
Industry: Email Alert RSS FeedCandover announces acquisition of ALcontrol, a leading environmental and food testing company.(COMPANY EVOLUTION)(Candover Investments PLC, ALcontrol Laboratories)
Food Trade Review, April, 2005
Candover *, a leading European private equity house, announces the acquisition of ALcontrol, a leading European environmental and food testing company, from Bridgepoint, a European private equity house. Candover is providing equity finance, with the management rolling over a significant proportion of their existing equity holding. Dresdner Kleinwort Wasserstein and Bank of Scotland are providing the debt. Candover was advised by Nielen Van Schaik. Completion of the transaction is subject to regulatory clearance.
Headquartered in Holland, ALcontrol is a laboratory-based testing business which supplies services to the food and environmental markets. It ranks as number one in the UK, Benelux and Sweden, making it a leading player in Western Europe. The Group...
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