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Exit: Galfa

Exit: Galfa

Kartesia is pleased to announce today that Altercap funds were fully repaid at par of their investment into the senior debt and RCF issued by Galfa via a refinancing of the Group with the local Sparkasse after net Leverage has decreased to 1.4 at the end of December 2014.

Galfa is a subcontractor that focuses on the coating of screws and fasteners for the automobile industry. The coatings are to protect from corrosion and are principally in the form of zinc or zinc alloys.

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