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Ergon sells Indo to Apax Partners portfolio company Rodenstock

Ergon Capital Partners III SA (Ergon) is to sell its entire majority stake in Indo to Rodenstock Group (Rodenstock), a portfolio company of Apex Partners.

The Company’s minority investors Sherpa Capital and Oquendo Capital will also sell their stake alongside Ergon while Indo’s management team will reinvest in the Rodenstock Group. 

The transaction is subject to anti-trust clearance by the competent authorities.

Founded in 1937, Indo is a Spanish independent manufacturer of ophthalmic lenses and one of the largest distributors of optical and ophthalmologic equipment. 

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