Clifford Chance Counsels 3i In $161M Geka Buyout

Law360, New York (February 27, 2012, 3:30 PM EST) -- British private equity firm 3i Group PLC has taken majority control of Geka GmbH, a Germany-based maker of cosmetics packaging, from buyout firm Halder, 3i said Monday, in a deal said to be worth about €120 million ($161 million).

Bechhofen-based Geka, which serves both mass-market and premium packaging clients in the cosmetics industry and also distributes cosmetics through its Victoria subsidiary, generated revenues of approximately €100 million in 2011.

Geka's future growth will come from its strength in innovation and its international expansion, particularly into China...
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