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You are here: Home1 / relaunch

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Springwater injects 43 million euros into Fintyre

Company News, International News
The first months of 2020 marked a difficult time for the company, which worsened due to the Covid-19 pandemicFintyre

Springwater Capital has been confirmed as Italian tyre wholesaler Fintyre’s new shareholder, bringing with it 43 million euros of new capital – a figure that is in-line with reports suggesting Springwater’s involvement back in November 2020. Springwater Capital, founded in 2002 and led by managing partner Martin Gruschka, specializes in the turnaround of European Mid-Caps with a long-term investment horizon.

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Related news:

  1. European FinTyre Distribution buys Reifen Krieg
  2. Fintyre to open London head office
  3. Restructuring announced as Fintyre Group misses January wages
  4. Fintyre initiates debt restructuring programme
11th June 2021/by Chris
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