CVC Capital Partners agrees to acquire Paroc
Funds advised by CVC Capital Partners (“CVC”) today announced the successful acquisition of Paroc Group (“Paroc”) from its existing institutional shareholder group for an Enterprise Value of approximately €700 million. Headquartered in Helsinki, Paroc is the leading producer of stone wool insulation in the Nordic and Baltic regions, producing building insulation and technical insulation for the residential and commercial construction markets, as well as various industrial applications. The group has approximately 2,100 employees and a pan-European sales presence, supported by 9