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Castle Harlan sells Gravograph and Technifor

15/03/2007Source: AltAssets.  

Click here for the latest news, views and interviews in the clean energy investor communityNew York-based private equity firm Castle Harlan has sold the Gravograph-Technifor Group, a specialist in the manufacture of permanent marking machines, devices, accessories and related consumables, to LBO France for an undisclosed amount.

The Gravograph-Technifor Group includes Gravograph Industrie International, a specialist in machines, accessories and materials used in the engraving industry; and Technifor, focusing on marking devices for permanent product identification in a variety of industrial applications.

Castle Harlan acquired Gravograph in 2000 and Technifor in 2003.

Castle Harlan invests in controlling interests in the buy-out and development of middle-market companies in North America and Europe.

Castle Harlan's current portfolio companies, which employ approximately 42,000 people, include Ames True Temper, a manufacturer of lawn and garden tools and accessories; RathGibson, a specialist in the manufacture of stainless steel and high alloy precision-welded tubing; Baker & Taylor, a distributor of books and entertainment products to libraries and retailers, and Perkins & Marie Callender's, which operates and franchises 618 family restaurants in the US and Canada.

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