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UK Electra Partners considers exit possibilities for Safety-Kleen23/12/2003. Source: AltAssets. 
 UK Electra Partners Europe is reviewing strategic options for Safety-Kleen to realise its investment in the parts cleaning services business. The company is valued at approximately £230m.
Electra is believed to be considering floatation but is also in talks with a number of potential buyers including rival private equity firms, according to the Financial Times.
Safety-Kleen is a leading European player in the parts cleaning and paint-gun machines and services market. The company has 59 branches across Europe and made revenues of £85m in 2002.
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