Blackstone Group Acquires Klockner Group

Published: June 11, 2007, By pffc-online.com

PRESS RELEASE

GORDONSVILLE, VA—An affiliate of the Blackstone Group has signed a contract to acquire the Klockner Pentaplast Group and all its holdings from Cinven and JPMorganPartners. The purchase price is $1.3 billion euro. The sale is subject to approval by various regulatory authorities. See kpfilms.com.