H.I.G. Europe Buys Recycler from KKR

The European arm of private equity firm H.I.G. Capital has acquired German recycling company Der Grune Punkt-Duales System Deutschland from buyout shop Kohlberg Kravis Roberts & Co. H.I.G. Europe is investing alongside a group of private investors.Financial terms of the deal were not released. Kohlberg Kravis Roberts & Co. acquired the Cologne-based recycling company in January 2005.

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