10/08/2011: Kinetics Germany, the German cleanroom technology company, announced that it has been acquired by the investment firm Quadriga Capital
10/08/2011: Kinetics Germany, the German cleanroom technology company, announced that it has been acquired by the investment firm Quadriga Capital, Frankfurter Allgemeine reported. The German daily cited the company as saying it was bought from its previous parent, the US-based Kinetics group, which will focus on the US market.
The newspaper cited Quadriga partner Roland Egerer, who said that the German company will push ahead with growth in regions including Asia. The report said Kinetics Germany had a turnover of about EUR 100m last year and made a profit.
Source Frankfurter Allgemeine Zeitung
Value GBP 87m (2010 turnover of Kinetics Germany)
Stake Value more than 30% inclusive
