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Perusa GmbH divested European promotional products maker Senator GmbH for an undisclosed sum in a management buyout.
The Germany-based private equity firm acquired Senator through its Perusa Partners 2 LP fund in June 2016.
Senator's primary production facility in Groß-Bieberau was substantially overhauled, and its two other facilities in Great Britain and France were also repositioned.
Gütt Olk Feldhaus Partnerschaft von Rechtsanwälten mbB advised Perusa on the transaction.