PRINT THIS PAGE Duke Street buys luxury boat company for E130m15/07/2004. Source: AltAssets. 
 Duke Street Capital has acquired Navimo, a French supplier of equipment for the luxury boat industry, from rival Bridgepoint Capital for around E130m.
Navimo distributes its products in 90 countries and is forecast to make sales of E120m this year. Duke Street is expected to use the company as a platform for further acquisitions as the recreational boating industry consolidates.
Duke Street Capital is a mid-market pan-European private equity firm, investing in companies with enterprise values of up to E300m. The firm has raised five funds and currently manage in excess of E2bn.
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