Ripplewood gets Honsel

Carlyle originally acquired [Honsel] in 1999, in Germany's first public-to-private deal. The firm put in 60.4 million of equity and a further 103 million of debt, provided by Commerzbank AG, to acquire 72.8% of the shares, thus valuing the company at more than 223 million. The Honsel family ret...

Full description

Saved in:
Bibliographic Details
Published inThe deal.com p. 1
Main Author Jonathan Braude and David Carey
Format Magazine Article
LanguageEnglish
Published New York The Deal LLC 09.09.2004
Subjects
Automotive parts industry
Online AccessGet full text

Cover

More Information
Summary:Carlyle originally acquired [Honsel] in 1999, in Germany's first public-to-private deal. The firm put in 60.4 million of equity and a further 103 million of debt, provided by Commerzbank AG, to acquire 72.8% of the shares, thus valuing the company at more than 223 million. The Honsel family retained 25%, and Carlyle made an offer of 117.6 for the remaining free float.
Bibliography:ObjectType-Article-1
content type line 24
SourceType-Magazines-1
ISSN:1545-8318