Innova Capital, a private equity firm focused on Central Europe, has entered into a binding agreement with Recticel to sell is 100 per cent stake in Trimo for an enterprise value of EUR164 million.
Innova Capital, a private equity firm focused on Central Europe, has entered into a binding agreement with Recticel to sell is 100 per cent stake in Trimo for an enterprise value of EUR164 million.
The transaction yields a return of over 4.5x for Innova.
Completion of the deal remains subject of customary conditions precedent and is expected to take place in Q3 2022.
