Investcorp Agrees to Acquire Majority Stake in Germany’s Miebach
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Investcorp agreed to acquire a majority stake in German supply chain and logistics consultancy firm Miebach Logistik Holding GmbH, marking its fifth private equity investment in Europe in the past 15 months.
Miebach’s current owners will retain a significant minority stake following the deal, according to a statement on Monday that confirmed an earlier Bloomberg News report. Financial details weren’t disclosed, while people familiar with the matter have said the transaction could value Miebach at about €150 million ($163 million) including debt.