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Sparring Capital announced the acquisition of a majority stake in Afitexinov, a French leader in geosynthetics, alongside its management team and Swen Capital Partners. Afitexinov generated approximately €36 million in 2022 and employs over 150 people.
“Backed by its new shareholders, Afitexinov aims at accelerating its development in the upcoming years, by further expanding its geographical coverage and by carrying out targeted external growth operations.”sparringcapital.com
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