Norton Rose advises Hidden Peak Capital on the acquisition of profine
4 May 2012
International legal practice Norton Rose LLP has advised Hidden Peak Capital on its acquisition of a stake in profine GmbH that was previously owned by Arcapita Bank B.S.C., Bahrain. The acquisition price was agreed by the parties in confidence. The acquisition remains subject to clearance under antitrust law.
Hidden Peak Capital is located in Frankfurt/Main and is an owner-operated investment company which invests long-term, primarily in medium-sized enterprises.
Profine GmbH is a world leading manufacturer of synthetic window and door frames as well as a supplier of visual screening systems and PVC sheets. The group’s brands KBE, KÖMMERLING und TROCAL are sold in 28 locations in 21 countries. Profine’s manufacturing sites are in Germany, France, Italy, Spain, Russia, the Ukraine, USA and China and its main office is in Troisdorf/Nordrhein-Westfalen. The group generated a turnover of approximately 700 million euro in 2011 with 3,200 employees.
Norton Rose LLP for Hidden Peak GmbH:
Partner: Dr. Nico Abel (lead management, corporate, Frankfurt), Dr. Oliver Sutter (banking, Frankfurt); Christian Filippitsch (antitrust, Brüssel)
Associates: Karsten Kühnle, Rüdiger Hoffmann, Dr. Alexander Daehnert (all corporate), Nadine Bourgeois and Dr. Bernhard Fiedler (both banking, all Frankfurt)
Kathrin Zander, PR & Communications Executive Germany
Norton Rose LLP
Tel.: +49(0)89 212148-360