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BRIEF-Deutsche Beteiligungs invests in European group for convenience food
April 5, 2017 / 9:44 AM / 8 months ago

BRIEF-Deutsche Beteiligungs invests in European group for convenience food

April 5 (Reuters) - Deutsche Beteiligungs AG:

* Invests in European group for convenience food

* DBAG Fund VII will acquire the interests in Abbelen GmbH and Oscar Mayer Ltd. via joint management holding company

* Abbelen and Oscar Mayer have been family-owned until now; management buyout arrange succession for two family-owned businesses

* DBAG Fund VII will hold about 90 percent of the interests in the management holding company

* Parties to the contract have agreed not to disclose the purchase price Source text - bit.ly/2nIZQO3 Further company coverage: (Gdynia Newsroom)

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