Portfolio

Pardo
Production and marketing of adjustable beds for the hospital, geriatric and residential segments
Explorer I

Invested in
2006
Divested in
2012
Investment Rationale

Market shows strong growth in line with demand for more sophisticated resting solutions in the residential segment. Reduced investment required to support sales growth. Very diverse client portfolio. Very high cash generation levels.

Strategy

Entry into Portugal. Operational efficiency improvements. Increased production capacity. Sector consolidation.