Klockner-Werke Sells Film Division Pentaplast To British Equity Firm
October 31, 2001
German investment group WCM Beteiligungs und Grundbesitzgesellschaft, which bought the majority of shares in Klockner-Werke AG this past January, has agreed to sell sheet and film division Klockner Pentaplast to British private equity firm Cinven for 925mn Euro (US $827mn).
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