TITLE

Nimbus Buys Furniture Unit

AUTHOR(S)
Davis, Avram
PUB. DATE
May 2009
SOURCE
Mergers & Acquisitions Report;5/11/2009, Vol. 22 Issue 19, p13
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the sale of the Swiss operations of Samas, the Dutch office-furniture maker, to private equity firm Nimbus for 9 million euros. Because of the international downturn in which few businesses are furnishing new offices, Samas reportedly has faced a difficult 2008. The divestiture comes after a series of previous asset sales by Samas, including the sale of its French unit in October 2008.
ACCESSION #
44127912

 

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