RSS5133 AC Desarrollo, the capital risk firm of 5134 Ahorro Corporación, purchased a 21.3% stake in the Spanish firm Postigo, that specialises in road safety equipment, signalling and other traffic elements. The aim is to increase the stake to 31%, and the operation was performed through a capital increase. Postigo reported a turnover of EUR 72 million (US$103.22 million) in 2010.
AC Desarrollo buys 21.3% stake in Postigo
AC Desarrollo, the capital risk firm of Ahorro Corporacion, purchased a 21.3% stake in the Spanish firm Postigo, that specialises in road safety equipment, signalling and other traffic elements. The aim is to increase the stake to 31%, and the operation was performed through a capital increase. Postigo reported a turnover of EUR 72 million (US$103.22 million) in 2010.
UTC / April 20, 2012