Deal focus: Allegro exits transformed Vulcanite
Allegro invested in capacity and boosted international sales in order to turn Vulcanite from a corporate orphan into an independent player with strong growth prospects. The sale of the business to Continental generated a 2x return
When Allegro Funds bought Australian-based Vulcanite Group in 2011, it was a corporate orphan in Chess Industries. Although profitable, the division's success primarily derived from an outsourced manufacturing...
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