Exit: Jardiland
Kartesia is pleased to announce that the investment of KCO III and KCO IV funds into the senior debt issued by Jardiland was entirely repaid following the sale of the Company, generating strong returns for each vehicle. Jardiland is the #2 French specialist in garden and pet-related products in France and was bought by Invivo Group, a large French agricultural cooperative group with various industrial interests, including the leading French garden product retailer, Gamm Vert. With over 200 points of sale (including owned stores and franchisees), Jardiland brings a large presence in France and the Iberia region to its new shareholder.