PE Firms Selling Nowaco and Farutex for €250 Million

CCMP Capital and Bancroft Private Equity have agreed to sell Nowaco and Farutex to South Africa-based Bidvest, for a total of €250 million. Both companies are European delivered wholesalers for the foodservice and indipendent retail markets. Nowaco is focused on the Czech Republic and Slovakia while Farutex serves the Polish market.

3 August 2009•3 mins read
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