Exit : MATERIS
Materis is a leading European manufacturer of specialty building materials, mostly targeting the refurbishment and construction end markets with high value-added products, such as admixtures, aluminates, mortars and paints.
Taking advantage of the ongoing breakup disposal of the Group by Wendel, the Altercap funds disposed in full and at/above par their investment into the 2nd lien & mezzanine issued by Materis.