Investment Intelligence provides up-to-date private equity information and news designed for entrepreneurs, private equity investors and corporate acquirors interested in Central & Eastern Europe.

Mid Europa Completes DISA/Wheelabrator Merger

Mid Europa Partners, the owner of Danish molding and casting company DISA Group, has announced the completion of a merger between DISA and another portfolio company, Wheelabrator. Wheelabrator is an international company operating in the metal surface preparation field.

The merger, which was required to receive approval from the German Bundeskartellamt, is being promoted as a way enhance the services provided to both companies' customer base. The merged businesses believe the deal will allow them to lower per-part costs and longer component life for their clients.

Mid Europa Partners just completed their 100% acquisition of DISA Group late last year, purchasing the company from previous owner Procuritas. As part of the acquisition plan they began the merger process last September.

Mid Europa Partners (www.mideuropa.com)
Mid Europa Partners was established in 2005 by EMP Europe Ltd., the European arm of worldwide private equity firm EMP Global.

Investing primarily in Central and Eastern Europe, the company seeks opportunities with companies in sectors with high barriers to entry, having enterprise values between €100 million and €1.5 billion. Mid Europa Partners currently manages three funds; AIG Emerging Europe Infrastructure Fund LP, Emerging Europe Convergence Fund II LP, and Mid Europa Fund III LP. The three funds combine for a total of nearly €3.0 billion in assets under management by Mid Europa.