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AXA Private Equity Sells German Window Maker Gealan to Halder

 

AXA Private Equity has ended its six-year relationship with Germany's Gealan, by selling the window maker to Halder, a subsidiary of Belgium's Gimv. The minority shares currently held by Gealan management and board members will remain in their possession once the sale is complete. Under AXA's guidance, Gealan increased turnover, despite the economic crisis which has loomed over the world's economies.

Go to Invest IQ to read more. Invest IQ provides up-to-date private equity information and mergers & acquisitions news designed for entrepreneurs, private equity investors and corporate acquirors interested in Central & Eastern Europe.

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