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OpenGate Capital Sells Benvic To Investindustrial

OpenGate Capital, a global private equity firm, announced today that it has realized its legacy, pre-fund investment in Benvic through a sale to Investindustrial, a leading European mid-market investment firm. Terms of the transaction were not disclosed.Op With operations in France, Italy and Spain, Benvic is one of Europe’s leading PVC compounders that develops, produces and markets highly customized, innovative PVC-based thermoplastic solutions in the form of powders and compounds that are utilized across a wide range of rigid and flexible end-applications including building and construction, automotive and aerospace, cabling, pharmaceutical, packaging and fluid transport. Andrew Nikou, founder and CEO of OpenGate...