Polygon creates European market leader in property damage restoration
Polygon AB has reached an agreement to acquire Vatro GmbH, the leader in the German property damage restoration market. The seller is the global facility services group ISS A/S. Andreas Weber, Managing Director and founder of Vatro, will stay on as a major private shareholder of the group. Polygon, formerly the MCS Division of Munters AB, which was acquired from Munters by European private equity fund Triton last year, had revenues in 2010 of 270 MEUR and 2,000 employees operating in 14 countries. Polygon is active in the property damage restoration market, serving insurance, property