Duke Street has backed the acquisition of another business by portfolio company Compo, a European supplier of branded products for the home and garden. The business, Heinr Propfe Chem Fabrik GmbH, is a specialised family-owned business that develops and produces fertilisers using natural and organic raw materials.
This deal follows the recent Compo acquisition of Störk, a producer of ecologically sustainable potting soils.
Compo can trace its roots to the 1950s, and it has been supporting gardeners across Germany and Europe ever since.
Duke Street has a strong record of investment in Germany, having previously acquired A-Rosa, the German premium river cruise operator, in February 2018, and Medi-Globe, the medical diagnostics and treatment manufacturer, in 2016.
