CL Grupo Industrial acquires Grupo Gallardo Balboa from KKR

CL Grupo Industrial has reached an agreement to acquire Grupo Gallardo Balboa from investment fund KKR. CL Grupo Industrial will assume financial commitments worth EUR 145 million, including a EUR 70 million capital increase, and will inject EUR 30 million immediately.

“The acquisition of Grupo Gallardo Balboa forms part of the strategy of applying our own management method to industrial companies that are facing difficulties, but that have a market and a future”clgrupoindustrial.com

• 1 source
• clgrupoindustrial.comCL Grupo Industrial guarantees the future of Grupo Gallardo Balboa after reaching an agreement with the KKR fund - CL Grupo IndustrialWordpressJul 13, 2020

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