Another German Billion Dollar Buyout


May 15, 2014

US private equity firm Clayton, Dubilier & Rice has acquired German industrial packaging manufacturer Mauser for USD 1.7 billion from Dubai International Capital LLC, the private equity unit of Dubai Holding, according to Bloomberg. The size makes it this week’s buyout of the week. It is the second Germany based billion dollar buyout this month following Minimax announced last week.


The US PE fund is the third private equity owner of Mauser as DIC acquired it from JPMorgan Chase & Co.’s One Equity Partners seven years ago. The article says that DIC doubled its money through the deal. Mauser had an annual turnover of EUR 1.2 billion last year and employs more than 4400 people worldwide. (Image source: Mauser)

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