RWE Deutschland Buys Stake in PE-backed Vitronet

RWE Deutschland has acquired a 15% stake in Vitronet Group, a German maker of glass fiber infrastructure products. The company’s private equity backer, Ventizz Capital Partners, is selling the 15% stake to RWE, according to a statement Monday. Terms of the sale were not released. The firm, via its Ventizz Capital Fund IV L.P., retains 61% of Vitronet.

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