Deutsche Beteiligungs AG (DBAG) has announced it will invest alongside its advised DBAG Fund VI in the Pfaudler Process Solutions Group, a manufacturer of glass lined as well as fluropolymer reactors and components for the chemical and pharmaceutical industries.
DBAG and the fund will initially acquire the group completely, after which its management is expected to co-invest in a management buyout (MBO). DBAG will invest proprietary capital from its balance sheet of up to eight million euros for its stake in Pfaudler. The completion of the transaction is contingent upon approval by regulatory authorities.
