Investment Summary |
|
|---|---|
| Date | 2013-08-22 |
| Target | Klenk Holz AG |
| Sector | Forest Products |
| Sellers(s) | Portigon Financial Services |
| Deal Type | Divestiture |
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| Category | Company |
|---|---|
| Founded | 1969 |
| Sector | Financial Services |
Portigon Financial Services is an independent financial services provider and holding company. Portigon is the successor to German commercial lender WestLB AG. The Company was originally established in 1969 and is based in Dusseldorf, Germany.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 3 |
| Sector: Forest Products M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| Country: Germany M&A | 2 of 2 |
| Year: 2013 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2006-07-02 |
Klenk Holz AG
Oberrot, Germany Klenk Holz AG produces lumber, solid wood panels, softwood lumber, multi-purpose panels, garden wood, solid construction timber, moulded pallet blocks, moulded wood pallets and waste timber. This product range is sold through builders merchants, retail, wood processing industries and the packaging industry, among others. Klenk Holz exports approx. 30% of its products and annually cuts approx. 2 million cubic metres. |
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