Kartesia is pleased to announce that the investment of KCO III into the debt issued by proFagus was repaid at par following the refinancing of the existing credit facilities of the group.
proFagus is the leading German manufacturer of high quality, environmentally friendly barbecue charcoal. The production of this barbecue charcoal is carried out according to strict German standards. All of the materials that arise during carbonization are recycled. In addition, the company has built up specific know-how in the production of natural chemicals, such as smoke flavours for the food industry.