The European Commission has cleared the takeover of German green dot company Duales System Deutschland GmbH (DSD) by private investment firm H.I.G. Capital. This move will give H.I.G. Capital, the parent company of private equity firm Solidus, the indirect sole control of Der Grüne Punkt – Duales System Deutschland GmbH (DSD) and its subsidiaries. DSD and its then majority shareholder Kohlberg Kravis & Roberts (KKR) had announced its intention to sell the company to its CEO Stefan Schreiter, his management team and an investor group led by the British private equity firm Solidus in November of last year.
Commission approves acquisition of DSD
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