In December, the European Investment Fund based in Luxemburg has committed € 12,4 Mio in E-Capital III (S.C.A.) SICAR. The total fund’s commitments have therefore reached € 95 Mio, i.e. well beyond the € 80 Mio minimal target size and close to the € 100 Mio hard cap. Two thirds of the funds raised are coming from private investors and one third from institutional investors (funds of funds). E-Capital III (S.C.A.) SICAR shall close its fund raising – with no doubt- before June 2012.
Viewing posts from : janvier 2012
Fourteen months after the acquisition of Verona (16/01/2012)
Fourteen months after the acquisition of Verona, a PVC and aluminium window and door producer/distributor based in Booischot, E-Capital II reinforces its position in this market with the acquisition of Vertirama, a PVC-only window producer/distributor based in Tielt. This acquisition will give access to the segments of independent installers and turnkey projects. The combined turnover of the 2 companies will reach c. € 25 Mio in 2011.