CICC-TPG fund acquires French auto supplier
China Synergy Fund, the dual currency investment vehicle established earlier this year by TPG Capital and CICC Capital, has agreed to acquire Electropoli, a provider of surface treatment services, from French automotive conglomerate Impala Group.
Trail Capital, a Paris-based private equity firm, also participated in the transaction, according to a release. Financial details have not been disclosed. China Synergy will help Electropoli expand into...
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