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CVC agree to acquire Autobar group

Press Release August 9th 2010

CVC Capital Partners agree to acquire Autobar Group.

We are pleased to advise that CVC Capital Partners have entered into an agreement with Charterhouse to become the majority shareholder in The Autobar Group. Charterhouse will retain a minority stake.
 
CVC are one of the world's largest private equity / investment managers in the world with over 400,000 people working in businesses under their control.
 
Autobar believe the transaction is an exciting development and in the interests of the Group and its employees. We are convinced that CVC is a strong partner that will help to take the Autobar Group to the next level in terms of growth and operational improvement
 
For more information, please see the CVC press release