KKR, Allegro target Australia's ailing Geon
KKR and Allegro Funds have placed Australian commercial printing company Geon Group into administration and are looking to buy parts of the business out of receivership. The pair became creditors last year following the acquisition of a portfolio of distressed loans from BOS International.
Formerly known as Pacific Print Group, Geon was founded in New Zealand but relocated to Australia in 2004. Gresham Private Equity took a controlling interest in the company one year later and went on to...
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