CVC Capital Partners has acquired Paroc Group
UK-based CVC Capital Partners (CVC) has acquired Paroc Group from a bank consortium for an enterprise value of approximately US$900 million.
CVC is one of the world's leading private equity and investment advisory firms. Founded in 1981 and with a network of 21 offices around the world, CVC currently manages funds on behalf of over 300 investors from North America, Europe, Asia and the Middle East, amounting to over US$65 billion.
Paroc is the leading producer of stone wool insulation in the Nordic and Baltic regions, producing building insulation and technical insulation for the residential and commercial construction markets, as well as various industrial applications.
Oaklins' team in Finland acted as financial advisor to the buyer in this acquisition, dealing with all the negotiations and assessing risks related to Paroc’s exposure to the Russian market.
Talk to the deal team
Related deals
SAP Landscapes has secured investment from Renatus Capital Partners
SAP Landscapes Limited has secured new investment from Renatus Capital Partners. The investment from Renatus will accelerate SAP Landscapes’ continued expansion, including geographic growth and the broadening of its services, both organically and through potential acquisitions or partnerships.
Learn moreSun European Partners has secured financing to support its acquisition of B&H Worldwide
Sun European Partners has raised debt facilities to support its acquisition of B&H Worldwide.
Learn moreParcom has sold Krifon to Varro
Krifon AS, a leading Nordic B2B distributor specializing in home and garden products, has been acquired by Varro. The transaction marks a new chapter for the company as it continues to strengthen its position as a trusted category partner to leading DIY chains, garden centers and furniture retailers in Norway.
Learn more