Causeway Capital triples return on Celtic Linen investment

  • 📰 businessposthq
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 71%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

The private equity firm backed by the ISIF acquired the Wexford-based linen rental and laundry business out of examinership in 2016 for €4 million

Causeway Capital has more than tripled its return on investment in Celtic Linen, the linen rental and laundry business which was sold last week, the Business Post understands.

Causeway Capital, the private equity firm backed by the Ireland Strategic Investment Fund , acquired Celtic Linen out of examinership in 2016 for €4 million. Since then, Causeway provided a further €4.5 million of follow-on investment, spread over a number of years, according to people familiar with ...

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 8. in FR
 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

France Dernières Nouvelles, France Actualités