Today, Ergon Capital Partners III SA (“Ergon”) announced that it has entered into an agreement with Rodenstock Group (“Rodenstock”) for the sale of its entire majority stake in Indo (or the “Company”). The Company’s minority investors Sherpa Capital and Oquendo Capital will also sell their stake alongside Ergon while Indo’s management team will reinvest in the Rodenstock Group. The transaction is subject to anti-trust clearance by the competent authorities.
Founded in 1937, Indo is the leading Spanish independent manufacturer of ophthalmic lenses and one of the largest distributors of optical and ophthalmologic equipment. The Company is present with 440 employees in Spain, Morocco, Portugal and France and operates two state-of-the-art manufacturing plants in Barcelona...
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